Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 21	F	Weak or Absent	Down	Down	Down	-11.13%
Aug 20	F	Weak or Absent	Down	Down	Down	-11.31%
Aug 19	D	Weak or Absent	Down	Down	Up	-13.35%
Aug 16	D	Weak or Absent	Down	Down	Up	-13.02%
Aug 15	D	Weak or Absent	Down	Down	Up	-12.77%
Aug 14	D	Weak or Absent	Down	Down	Down	-11.22%
Aug 13	D	Weak or Absent	Down	Down	Up	-14.18%
Aug 12	C	Weak or Absent	Up	Down	Up	-15.23%
Aug 9	D	Strong	Down	Down	Up	-13.85%
Aug 8	D	Strong	Down	Down	Flat	-12.77%