Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	F	Strong	Down	Down	Down	-4.62%
Sep 25	F	Strong	Down	Down	Down	-4.51%
Sep 24	D	Strong	Down	Down	Up	-10.35%
Sep 23	D	Strong	Down	Down	Up	-9.77%
Sep 20	D	Strong	Down	Down	Flat	-8.49%
Sep 19	F	Strong	Down	Down	Flat	-8.59%
Sep 18	D	Strong	Down	Down	Flat	-8.79%
Sep 17	D	Strong	Down	Down	Up	-10.06%
Sep 16	D	Strong	Down	Down	Up	-9.77%
Sep 13	F	Strong	Down	Down	Down	-8.79%