| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 29 Apr | 112.91 | 116.62 | +0.0% |
| 30 Apr | 113.78 | 115.23 | +0.8% |
| 01 May | 112.33 | 113.90 | -0.5% |
| 04 May | 110.60 | 112.75 | -2.0% |
| 05 May | 109.64 | 111.85 | -2.9% |
| 06 May | 106.97 | 110.66 | -5.3% |
| 07 May | 104.24 | 108.76 | -7.7% |
| 08 May | 99.23 | 106.14 | -12.1% |
| 11 May | 97.35 | 103.49 | -13.8% |
| 12 May | 95.14 | 100.59 | -15.7% |
| 13 May | 90.39 | 97.27 | -19.9% |
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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