Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 17	B	Weak or Absent	Up	Up	Up	9.66%
Apr 14	B	Weak or Absent	Up	Up	Up	8.91%
Apr 13	B	Weak or Absent	Up	Up	Up	8.72%
Apr 12	B	Weak or Absent	Up	Up	Up	9.66%
Apr 11	B	Weak or Absent	Up	Up	Up	10.24%
Apr 10	B	Weak or Absent	Up	Up	Up	14.42%
Apr 6	B	Weak or Absent	Up	Up	Up	16.20%
Apr 5	B	Weak or Absent	Up	Up	Up	13.80%
Apr 4	B	Weak or Absent	Up	Up	Up	14.83%
Apr 3	B	Weak or Absent	Up	Up	Up	13.80%