| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 05 May | 113.42 | 116.16 | +0.0% |
| 06 May | 116.51 | 115.84 | +2.7% |
| 07 May | 114.05 | 114.89 | +0.6% |
| 08 May | 114.31 | 114.53 | +0.8% |
| 11 May | 112.96 | 114.25 | -0.4% |
| 12 May | 113.03 | 114.17 | -0.3% |
| 13 May | 111.78 | 113.23 | -1.4% |
| 14 May | 112.60 | 112.94 | -0.7% |
| 15 May | 110.32 | 112.14 | -2.7% |
| 18 May | 111.68 | 111.88 | -1.5% |
| 19 May | 109.38 | 111.15 | -3.6% |
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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