| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 20 Apr | 135.87 | 138.46 | +0.0% |
| 21 Apr | 133.29 | 137.02 | -1.9% |
| 22 Apr | 132.90 | 135.65 | -2.2% |
| 23 Apr | 133.64 | 134.67 | -1.6% |
| 24 Apr | 130.40 | 133.22 | -4.0% |
| 27 Apr | 127.75 | 131.60 | -6.0% |
| 28 Apr | 129.26 | 130.79 | -4.9% |
| 29 Apr | 128.84 | 129.98 | -5.2% |
| 30 Apr | 130.84 | 129.42 | -3.7% |
| 01 May | 131.65 | 129.67 | -3.1% |
| 04 May | 132.69 | 130.66 | -2.3% |
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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