Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 14	D	Weak or Absent	Down	Down	Down	-18.01%
Aug 13	D	Weak or Absent	Down	Down	Up	-20.74%
Aug 12	C	Weak or Absent	Up	Down	Up	-21.71%
Aug 9	D	Strong	Down	Down	Up	-20.44%
Aug 8	D	Strong	Down	Down	Flat	-19.44%
Aug 7	D	Strong	Down	Down	Down	-17.61%
Aug 6	D	Strong	Down	Down	Down	-17.11%
Aug 5	D	Strong	Down	Down	Down	-14.30%
Aug 2	D	Weak or Absent	Down	Down	Down	-16.62%
Aug 1	F	Weak or Absent	Down	Down	Down	-20.06%