| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 08 May | 153.36 | 154.58 | +0.0% |
| 11 May | 148.91 | 153.43 | -2.9% |
| 12 May | 150.26 | 152.49 | -2.0% |
| 13 May | 147.03 | 150.81 | -4.1% |
| 14 May | 147.35 | 149.38 | -3.9% |
| 15 May | 147.43 | 148.20 | -3.9% |
| 18 May | 150.25 | 148.46 | -2.0% |
| 19 May | 150.68 | 148.55 | -1.7% |
| 20 May | 159.21 | 150.98 | +3.8% |
| 21 May | 157.46 | 153.01 | +2.7% |
| 22 May | 158.27 | 155.17 | +3.2% |
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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