| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 15 May | 157.25 | 161.99 | +0.0% |
| 18 May | 158.78 | 160.82 | +1.0% |
| 19 May | 155.16 | 158.69 | -1.3% |
| 20 May | 163.38 | 159.02 | +3.9% |
| 21 May | 163.04 | 159.52 | +3.7% |
| 22 May | 163.61 | 160.79 | +4.0% |
| 26 May | 163.55 | 161.75 | +4.0% |
| 27 May | 162.88 | 163.29 | +3.6% |
| 28 May | 173.25 | 165.27 | +10.2% |
| 29 May | 174.95 | 167.65 | +11.3% |
| 01 Jun | 169.77 | 168.88 | +8.0% |
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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