Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	B	Weak or Absent	Up	Up	Down	-5.24%
Aug 14	B	Weak or Absent	Up	Up	Down	-6.51%
Aug 11	A	Strong	Up	Up	Up	-9.01%
Aug 10	A	Strong	Up	Up	Flat	-8.14%
Aug 9	B	Strong	Up	Up	Down	-6.59%
Aug 8	A	Strong	Up	Up	Up	-9.17%
Aug 7	A	Strong	Up	Up	Up	-8.38%
Aug 4	A	Strong	Up	Up	Up	-7.90%
Aug 3	B	Strong	Up	Up	Flat	-6.51%
Aug 2	B	Strong	Up	Up	Down	-5.92%