Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	D	Strong	Down	Down	Up	1.42%
Nov 19	D	Strong	Down	Down	Up	1.80%
Nov 18	D	Strong	Down	Down	Up	0.43%
Nov 15	D	Strong	Down	Down	Up	3.47%
Nov 14	D	Very Strong	Down	Down	Up	6.02%
Nov 13	F	Very Strong	Down	Down	Down	11.35%
Nov 12	F	Very Strong	Down	Down	Down	9.85%
Nov 11	F	Very Strong	Down	Down	Down	9.27%
Nov 8	F	Strong	Down	Down	Down	11.35%
Nov 7	F	Strong	Down	Down	Down	7.12%