Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 20	D	Strong	Down	Down	Flat	-1.20%
Sep 19	F	Strong	Down	Down	Flat	-1.31%
Sep 18	D	Strong	Down	Down	Flat	-1.53%
Sep 17	D	Strong	Down	Down	Up	-2.91%
Sep 16	D	Strong	Down	Down	Up	-2.59%
Sep 13	F	Strong	Down	Down	Down	-1.53%
Sep 12	F	Strong	Down	Down	Down	-1.64%
Sep 11	F	Strong	Down	Down	Down	0.67%
Sep 10	F	Strong	Down	Down	Down	2.15%
Sep 9	F	Strong	Down	Down	Down	-0.22%