| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 06 May | 109.00 | 130.81 | +0.0% |
| 07 May | 110.20 | 125.47 | +1.1% |
| 08 May | 104.79 | 119.22 | -3.9% |
| 11 May | 102.54 | 112.67 | -5.9% |
| 12 May | 99.30 | 105.17 | -8.9% |
| 13 May | 100.40 | 103.45 | -7.9% |
| 14 May | 102.16 | 101.84 | -6.3% |
| 15 May | 102.07 | 101.29 | -6.4% |
| 18 May | 104.04 | 101.59 | -4.6% |
| 19 May | 104.35 | 102.60 | -4.3% |
| 20 May | 106.21 | 103.77 | -2.6% |
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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