| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 06 May | 109.59 | 112.17 | +0.0% |
| 07 May | 108.77 | 111.19 | -0.7% |
| 08 May | 109.07 | 110.29 | -0.5% |
| 11 May | 109.99 | 109.81 | +0.4% |
| 12 May | 109.49 | 109.38 | -0.1% |
| 13 May | 109.09 | 109.28 | -0.5% |
| 14 May | 109.60 | 109.45 | +0.0% |
| 15 May | 106.36 | 108.91 | -2.9% |
| 18 May | 107.38 | 108.38 | -2.0% |
| 19 May | 109.00 | 108.29 | -0.5% |
| 20 May | 108.69 | 108.21 | -0.8% |
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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