Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 3	D	Weak or Absent	Down	Up	Down	13.29%
Feb 2	D	Strong	Down	Up	Down	12.24%
Feb 1	D	Strong	Down	Up	Down	8.43%
Jan 31	D	Strong	Down	Up	Down	6.63%
Jan 30	D	Strong	Down	Up	Down	9.22%
Jan 27	D	Strong	Down	Up	Down	7.67%
Jan 26	C	Strong	Up	Up	Up	1.54%
Jan 25	C	Strong	Up	Up	Flat	3.10%
Jan 24	C	Strong	Up	Up	Up	2.58%
Jan 23	B	Strong	Up	Up	Up	0.79%