Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	B	Weak or Absent	Up	Down	Down	-11.46%
Nov 7	A	Weak or Absent	Up	Flat	Down	-13.43%
Nov 6	A	Weak or Absent	Up	Up	Flat	-16.63%
Nov 3	A	Weak or Absent	Up	Up	Up	-18.05%
Nov 2	A	Weak or Absent	Up	Up	Up	-18.71%
Nov 1	A	Weak or Absent	Up	Up	Flat	-16.22%
Oct 31	A	Weak or Absent	Up	Up	Down	-14.23%
Oct 30	A	Weak or Absent	Up	Up	Down	-14.52%
Oct 27	A	Weak or Absent	Up	Up	Down	-15.24%
Oct 26	A	Weak or Absent	Up	Up	Down	-15.94%