Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 9	D	Weak or Absent	Down	Up	Down	6.46%
Feb 8	D	Weak or Absent	Down	Up	Down	2.84%
Feb 7	D	Weak or Absent	Down	Up	Down	1.90%
Feb 6	D	Weak or Absent	Down	Up	Down	3.31%
Feb 3	D	Weak or Absent	Down	Up	Down	4.27%
Feb 2	D	Strong	Down	Up	Down	3.31%
Feb 1	D	Strong	Down	Up	Down	-0.20%
Jan 31	D	Strong	Down	Up	Down	-1.86%
Jan 30	D	Strong	Down	Up	Down	0.52%
Jan 27	D	Strong	Down	Up	Down	-0.90%