Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 14	D	Strong	Flat	Down	Up	-4.69%
Mar 13	F	Strong	Down	Down	Down	-3.62%
Mar 12	F	Strong	Down	Down	Down	-3.07%
Mar 11	F	Strong	Down	Down	Down	-2.52%
Mar 8	F	Weak or Absent	Down	Down	Down	-2.43%
Mar 7	F	Weak or Absent	Down	Down	Down	-3.44%
Mar 6	F	Weak or Absent	Down	Down	Down	-3.25%
Mar 5	F	Weak or Absent	Down	Down	Down	-3.16%
Mar 4	D	Weak or Absent	Up	Down	Down	-4.69%
Mar 1	D	Weak or Absent	Up	Down	Down	-9.64%