| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 07 May | 112.78 | 115.17 | +0.0% |
| 08 May | 111.66 | 114.01 | -1.0% |
| 11 May | 112.77 | 113.27 | -0.0% |
| 12 May | 112.58 | 112.75 | -0.2% |
| 13 May | 112.20 | 112.40 | -0.5% |
| 14 May | 111.64 | 112.17 | -1.0% |
| 15 May | 109.16 | 111.67 | -3.2% |
| 18 May | 109.55 | 111.03 | -2.9% |
| 19 May | 111.49 | 110.81 | -1.1% |
| 20 May | 110.65 | 110.50 | -1.9% |
| 21 May | 112.11 | 110.59 | -0.6% |
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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