Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 29	A	Weak or Absent	Up	Up	Up	-10.33%
Aug 28	A	Weak or Absent	Up	Up	Up	-8.13%
Aug 25	A	Weak or Absent	Up	Up	Flat	-6.40%
Aug 24	A	Weak or Absent	Up	Up	Flat	-6.66%
Aug 23	A	Weak or Absent	Up	Up	Up	-7.48%
Aug 22	A	Weak or Absent	Up	Up	Flat	-6.74%
Aug 21	A	Weak or Absent	Up	Up	Down	-6.57%
Aug 18	A	Weak or Absent	Up	Up	Down	-6.82%
Aug 17	A	Weak or Absent	Up	Up	Down	-6.15%
Aug 16	A	Weak or Absent	Up	Up	Down	-5.65%