Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	D	Weak or Absent	Down	Down	Down	30.31%
Oct 21	C	Weak or Absent	Down	Down	Up	26.90%
Oct 20	C	Weak or Absent	Down	Down	Down	29.34%
Oct 19	D	Weak or Absent	Down	Down	Flat	26.64%
Oct 18	D	Weak or Absent	Down	Down	Down	29.20%
Oct 17	D	Weak or Absent	Down	Down	Down	29.20%
Oct 14	C	Weak or Absent	Down	Down	Down	32.59%
Oct 13	C	Weak or Absent	Down	Down	Down	25.07%
Oct 12	C	Weak or Absent	Down	Down	Down	29.75%
Oct 11	C	Weak or Absent	Down	Down	Down	27.84%