Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 6	B	Weak or Absent	Up	Up	Up	2.20%
Apr 5	B	Weak or Absent	Up	Up	Up	0.09%
Apr 4	B	Weak or Absent	Up	Up	Up	1.00%
Apr 3	B	Weak or Absent	Up	Up	Up	0.09%
Mar 31	C	Weak or Absent	Up	Down	Up	5.59%
Mar 30	D	Weak or Absent	Flat	Down	Up	7.32%
Mar 29	D	Weak or Absent	Down	Down	Up	7.84%
Mar 28	D	Weak or Absent	Down	Down	Up	8.57%
Mar 27	D	Weak or Absent	Down	Down	Flat	11.61%
Mar 24	D	Weak or Absent	Down	Down	Down	16.03%