Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 7	F	Weak or Absent	Down	Down	Down	-10.82%
Mar 6	F	Weak or Absent	Down	Down	Down	-10.65%
Mar 5	F	Weak or Absent	Down	Down	Down	-10.57%
Mar 4	D	Weak or Absent	Up	Down	Down	-11.98%
Mar 1	D	Weak or Absent	Up	Down	Down	-16.55%
Feb 29	D	Weak or Absent	Up	Down	Down	-18.98%
Feb 28	D	Weak or Absent	Up	Down	Down	-19.32%
Feb 27	C	Weak or Absent	Up	Flat	Up	-20.87%
Feb 26	D	Weak or Absent	Up	Down	Up	-20.21%
Feb 23	D	Weak or Absent	Up	Down	Flat	-19.67%