Trend Table for CIB - BanColombia S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	D	Weak or Absent	Up	Up	Up	1.99%
Sep 25	D	Weak or Absent	Up	Flat	Up	2.92%
Sep 24	D	Weak or Absent	Up	Up	Up	2.21%
Sep 23	D	Weak or Absent	Up	Down	Up	3.68%
Sep 20	D	Weak or Absent	Up	Down	Up	4.72%
Sep 19	D	Weak or Absent	Up	Down	Up	4.52%
Sep 18	F	Weak or Absent	Flat	Down	Flat	6.14%
Sep 17	F	Weak or Absent	Down	Down	Down	6.64%
Sep 16	D	Weak or Absent	Flat	Down	Down	6.00%
Sep 13	D	Weak or Absent	Flat	Down	Down	5.87%