Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 5	F	Weak or Absent	Down	Down	Down	14.54%
May 4	D	Weak or Absent	Down	Down	Down	21.68%
May 3	F	Weak or Absent	Down	Down	Down	20.29%
May 2	D	Weak or Absent	Down	Down	Down	19.74%
May 1	D	Weak or Absent	Down	Down	Down	10.34%
Apr 28	C	Weak or Absent	Up	Down	Down	8.41%
Apr 27	C	Weak or Absent	Down	Down	Down	13.06%
Apr 26	C	Weak or Absent	Down	Down	Down	11.16%
Apr 25	C	Weak or Absent	Up	Down	Down	7.31%
Apr 24	B	Weak or Absent	Up	Up	Up	-2.27%