Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 7	A	Weak or Absent	Up	Up	Up	-1.31%
Sep 6	A	Weak or Absent	Up	Up	Up	-1.64%
Sep 5	A	Weak or Absent	Up	Up	Up	-0.98%
Sep 1	A	Weak or Absent	Up	Up	Up	-0.47%
Aug 31	A	Weak or Absent	Up	Up	Up	0.46%
Aug 30	A	Weak or Absent	Up	Up	Up	-1.89%
Aug 29	A	Weak or Absent	Up	Up	Up	0.29%
Aug 28	A	Weak or Absent	Up	Up	Up	2.75%
Aug 25	A	Weak or Absent	Up	Up	Flat	4.68%
Aug 24	A	Weak or Absent	Up	Up	Flat	4.40%