Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 26	A	Weak or Absent	Up	Up	Up	-18.75%
Apr 25	A	Weak or Absent	Up	Up	Up	-17.29%
Apr 24	A	Strong	Up	Up	Up	-17.64%
Apr 23	A	Strong	Up	Up	Up	-17.92%
Apr 22	A	Strong	Up	Up	Down	-16.79%
Apr 19	A	Strong	Up	Up	Down	-16.35%
Apr 18	A	Strong	Up	Up	Down	-15.10%
Apr 17	A	Strong	Up	Up	Down	-15.91%
Apr 16	A	Strong	Up	Up	Down	-16.28%
Apr 15	A	Strong	Up	Up	Down	-16.50%