Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 17	C	Weak or Absent	Up	Flat	Down	-24.78%
Jun 14	C	Weak or Absent	Up	Down	Down	-23.61%
Jun 13	C	Weak or Absent	Up	Down	Down	-24.20%
Jun 12	C	Weak or Absent	Up	Down	Down	-24.78%
Jun 11	B	Weak or Absent	Up	Flat	Down	-25.47%
Jun 10	B	Weak or Absent	Up	Up	Flat	-26.64%
Jun 7	B	Weak or Absent	Up	Up	Down	-25.84%
Jun 6	C	Weak or Absent	Up	Up	Down	-26.09%
Jun 5	C	Weak or Absent	Up	Up	Down	-25.91%
Jun 4	B	Weak or Absent	Up	Up	Down	-26.40%