Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 26	C	Strong	Up	Up	Up	-6.54%
Jan 25	C	Strong	Up	Up	Flat	-5.11%
Jan 24	C	Strong	Up	Up	Up	-5.59%
Jan 23	B	Strong	Up	Up	Up	-7.23%
Jan 20	B	Strong	Up	Up	Up	-7.54%
Jan 19	B	Strong	Flat	Up	Up	-6.22%
Jan 18	B	Strong	Up	Up	Up	-6.54%
Jan 17	C	Weak or Absent	Down	Up	Up	-2.80%
Jan 13	C	Weak or Absent	Down	Up	Up	-3.80%
Jan 12	C	Weak or Absent	Down	Up	Up	-3.22%