Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 21	D	Strong	Down	Down	Up	0.00%
Nov 20	D	Strong	Down	Down	Up	1.36%
Nov 19	D	Strong	Down	Down	Up	1.74%
Nov 18	D	Strong	Down	Down	Up	0.37%
Nov 15	D	Strong	Down	Down	Up	3.41%
Nov 14	D	Very Strong	Down	Down	Up	5.95%
Nov 13	F	Very Strong	Down	Down	Down	11.28%
Nov 12	F	Very Strong	Down	Down	Down	9.79%
Nov 11	F	Very Strong	Down	Down	Down	9.20%
Nov 8	F	Strong	Down	Down	Down	11.28%