Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 9	B	Strong	Up	Up	Down	5.54%
Aug 8	A	Strong	Up	Up	Up	2.63%
Aug 7	A	Strong	Up	Up	Up	3.52%
Aug 4	A	Strong	Up	Up	Up	4.06%
Aug 3	B	Strong	Up	Up	Flat	5.64%
Aug 2	B	Strong	Up	Up	Down	6.30%
Aug 1	B	Strong	Up	Up	Up	3.79%
Jul 31	A	Strong	Up	Up	Up	1.40%
Jul 28	A	Strong	Up	Up	Up	5.26%
Jul 27	A	Strong	Up	Up	Up	7.16%