| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 01 May | 112.88 | 114.75 | +0.0% |
| 04 May | 113.33 | 114.48 | +0.4% |
| 05 May | 114.46 | 114.11 | +1.4% |
| 06 May | 113.40 | 113.55 | +0.5% |
| 07 May | 113.60 | 113.53 | +0.6% |
| 08 May | 113.10 | 113.58 | +0.2% |
| 11 May | 115.48 | 114.01 | +2.3% |
| 12 May | 116.16 | 114.35 | +2.9% |
| 13 May | 115.48 | 114.76 | +2.3% |
| 14 May | 116.39 | 115.32 | +3.1% |
| 15 May | 116.81 | 116.06 | +3.5% |
The rule flags the close; the strategy's exit is the first close above the 5-day average, or six trading days, whichever comes first. Shown for research — not every flag is traded.
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