Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	F	Strong	Down	Down	Down	-9.06%
Sep 12	F	Strong	Down	Down	Down	-9.16%
Sep 11	F	Strong	Down	Down	Down	-7.03%
Sep 10	F	Strong	Down	Down	Down	-5.66%
Sep 9	F	Strong	Down	Down	Down	-7.85%
Sep 6	D	Strong	Down	Down	Down	-9.36%
Sep 5	D	Strong	Down	Down	Down	-9.65%
Sep 4	F	Strong	Down	Down	Down	-9.95%
Aug 30	F	Weak or Absent	Down	Down	Down	-15.35%
Aug 29	F	Weak or Absent	Down	Down	Down	-16.45%