| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 12 May | 274.84 | 278.60 | +0.0% |
| 13 May | 275.70 | 276.92 | +0.3% |
| 14 May | 274.97 | 275.17 | +0.0% |
| 15 May | 276.39 | 275.30 | +0.6% |
| 18 May | 282.47 | 276.87 | +2.8% |
| 19 May | 280.80 | 278.07 | +2.2% |
| 20 May | 280.27 | 278.98 | +2.0% |
| 21 May | 284.18 | 280.82 | +3.4% |
| 22 May | 282.27 | 282.00 | +2.7% |
| 26 May | 279.26 | 281.36 | +1.6% |
| 27 May | 280.92 | 281.38 | +2.2% |
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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