Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 10	D	Weak or Absent	Up	Down	Flat	-19.03%
Jul 9	D	Weak or Absent	Up	Down	Flat	-18.96%
Jul 8	C	Weak or Absent	Up	Flat	Flat	-19.68%
Jul 5	B	Weak or Absent	Up	Flat	Flat	-19.68%
Jul 3	B	Weak or Absent	Up	Up	Flat	-19.96%
Jul 2	C	Weak or Absent	Up	Flat	Down	-19.03%
Jul 1	C	Weak or Absent	Up	Down	Down	-18.74%
Jun 28	B	Weak or Absent	Up	Flat	Flat	-19.39%
Jun 27	B	Weak or Absent	Up	Flat	Down	-19.18%
Jun 26	B	Weak or Absent	Up	Flat	Flat	-19.25%