Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 30	F	Weak or Absent	Down	Down	Down	27.97%
May 26	F	Weak or Absent	Down	Down	Flat	26.05%
May 25	F	Weak or Absent	Down	Down	Down	27.55%
May 24	D	Weak or Absent	Down	Down	Up	23.54%
May 23	D	Weak or Absent	Down	Down	Up	23.93%
May 22	D	Weak or Absent	Down	Down	Up	24.98%
May 19	D	Weak or Absent	Down	Down	Up	25.38%
May 18	D	Weak or Absent	Down	Down	Up	26.32%
May 17	D	Weak or Absent	Down	Down	Up	24.59%
May 16	D	Weak or Absent	Down	Down	Up	28.53%