Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 3	B	Weak or Absent	Up	Up	Up	6.32%
Mar 2	C	Weak or Absent	Up	Up	Up	8.89%
Mar 1	B	Weak or Absent	Up	Up	Up	6.69%
Feb 28	C	Weak or Absent	Up	Up	Up	9.57%
Feb 27	C	Weak or Absent	Up	Up	Up	7.63%
Feb 24	C	Weak or Absent	Down	Up	Up	12.73%
Feb 23	D	Weak or Absent	Down	Up	Up	13.46%
Feb 22	D	Weak or Absent	Down	Down	Down	17.52%
Feb 21	D	Weak or Absent	Down	Down	Down	16.84%
Feb 17	D	Weak or Absent	Down	Down	Down	17.64%