Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 6	D	Strong	Down	Down	Down	-1.85%
Sep 5	D	Strong	Down	Down	Down	-2.17%
Sep 4	F	Strong	Down	Down	Down	-2.49%
Aug 30	F	Weak or Absent	Down	Down	Down	-8.33%
Aug 29	F	Weak or Absent	Down	Down	Down	-9.53%
Aug 28	F	Weak or Absent	Down	Down	Down	-10.60%
Aug 27	F	Weak or Absent	Down	Down	Flat	-11.91%
Aug 26	D	Weak or Absent	Down	Down	Up	-13.35%
Aug 23	F	Weak or Absent	Down	Down	Down	-11.74%
Aug 22	F	Weak or Absent	Down	Down	Down	-10.16%