Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 29	D	Weak or Absent	Up	Down	Down	-12.27%
Feb 28	D	Weak or Absent	Up	Down	Down	-12.64%
Feb 27	C	Weak or Absent	Up	Flat	Up	-14.32%
Feb 26	D	Weak or Absent	Up	Down	Up	-13.60%
Feb 23	D	Weak or Absent	Up	Down	Flat	-13.01%
Feb 22	C	Weak or Absent	Up	Flat	Up	-14.03%
Feb 21	C	Weak or Absent	Up	Flat	Up	-13.81%
Feb 20	D	Weak or Absent	Up	Down	Down	-11.66%
Feb 16	D	Weak or Absent	Up	Down	Flat	-13.45%
Feb 15	D	Weak or Absent	Up	Down	Flat	-13.23%