Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 16	B	Weak or Absent	Up	Flat	Down	-7.05%
Nov 15	B	Weak or Absent	Up	Up	Flat	-7.99%
Nov 14	A	Weak or Absent	Up	Up	Up	-8.91%
Nov 13	B	Weak or Absent	Up	Up	Flat	-7.76%
Nov 10	A	Weak or Absent	Up	Flat	Down	-6.42%
Nov 9	B	Weak or Absent	Up	Flat	Down	-5.77%
Nov 8	B	Weak or Absent	Up	Down	Down	-4.13%
Nov 7	A	Weak or Absent	Up	Flat	Down	-6.26%
Nov 6	A	Weak or Absent	Up	Up	Flat	-9.73%
Nov 3	A	Weak or Absent	Up	Up	Up	-11.26%