Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 7	D	Strong	Down	Down	Down	-10.78%
Aug 6	D	Strong	Down	Down	Down	-10.25%
Aug 5	D	Strong	Down	Down	Down	-7.20%
Aug 2	D	Weak or Absent	Down	Down	Down	-9.71%
Aug 1	F	Weak or Absent	Down	Down	Down	-13.44%
Jul 31	D	Weak or Absent	Up	Down	Flat	-15.86%
Jul 30	F	Weak or Absent	Down	Down	Down	-13.77%
Jul 29	F	Weak or Absent	Flat	Down	Down	-14.50%
Jul 26	D	Weak or Absent	Up	Down	Down	-15.70%
Jul 25	D	Weak or Absent	Up	Down	Down	-15.54%