| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 08 May | 115.02 | 121.48 | +0.0% |
| 11 May | 124.48 | 121.20 | +8.2% |
| 12 May | 130.39 | 121.67 | +13.4% |
| 13 May | 125.50 | 122.81 | +9.1% |
| 14 May | 122.97 | 123.67 | +6.9% |
| 15 May | 125.24 | 125.72 | +8.9% |
| 18 May | 125.22 | 125.86 | +8.9% |
| 19 May | 127.86 | 125.36 | +11.2% |
| 20 May | 123.30 | 124.92 | +7.2% |
| 21 May | 121.69 | 124.66 | +5.8% |
| 22 May | 121.70 | 123.95 | +5.8% |
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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