Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 22	C	Weak or Absent	Up	Flat	Up	-20.61%
Feb 21	C	Weak or Absent	Up	Flat	Up	-20.41%
Feb 20	D	Weak or Absent	Up	Down	Down	-18.42%
Feb 16	D	Weak or Absent	Up	Down	Flat	-20.07%
Feb 15	D	Weak or Absent	Up	Down	Flat	-19.87%
Feb 14	D	Weak or Absent	Up	Down	Down	-18.70%
Feb 13	D	Weak or Absent	Up	Down	Down	-18.63%
Feb 12	C	Weak or Absent	Up	Flat	Flat	-20.34%
Feb 9	C	Weak or Absent	Up	Down	Down	-20.14%
Feb 8	C	Weak or Absent	Up	Flat	Down	-20.41%