Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 25	A	Weak or Absent	Up	Up	Flat	-16.70%
Oct 24	A	Weak or Absent	Up	Up	Down	-15.94%
Oct 23	A	Strong	Up	Up	Down	-15.73%
Oct 20	A	Strong	Up	Up	Up	-17.32%
Oct 19	A	Strong	Up	Up	Up	-17.72%
Oct 18	A	Strong	Up	Up	Up	-18.45%
Oct 17	A	Strong	Up	Up	Up	-18.77%
Oct 16	A	Weak or Absent	Up	Up	Up	-17.99%
Oct 13	A	Weak or Absent	Up	Up	Up	-17.04%
Oct 12	A	Weak or Absent	Up	Up	Up	-14.88%