Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 21	A	Strong	Up	Up	Up	-6.50%
Sep 20	A	Strong	Up	Up	Up	-9.04%
Sep 19	A	Strong	Up	Up	Up	-7.38%
Sep 18	A	Strong	Up	Up	Up	-6.05%
Sep 15	A	Strong	Up	Up	Up	-6.42%
Sep 14	A	Strong	Up	Up	Up	-6.50%
Sep 13	A	Weak or Absent	Up	Up	Up	-3.89%
Sep 12	A	Weak or Absent	Up	Up	Up	-4.75%
Sep 11	A	Weak or Absent	Up	Up	Up	-2.21%
Sep 8	A	Weak or Absent	Up	Up	Up	-2.46%