Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 11	C	Weak or Absent	Down	Up	Up	-1.69%
Jan 10	C	Weak or Absent	Down	Up	Up	-0.37%
Jan 9	C	Weak or Absent	Down	Up	Up	0.52%
Jan 6	C	Weak or Absent	Down	Up	Up	1.99%
Jan 5	B	Weak or Absent	Down	Up	Up	9.48%
Jan 4	C	Weak or Absent	Down	Up	Down	13.83%
Jan 3	B	Weak or Absent	Down	Up	Up	12.91%
Dec 30	C	Weak or Absent	Down	Up	Up	6.76%
Dec 29	C	Weak or Absent	Down	Up	Up	11.56%
Dec 28	C	Weak or Absent	Down	Up	Up	12.35%