| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 04 May | 161.24 | 178.95 | +0.0% |
| 05 May | 167.13 | 174.78 | +3.7% |
| 06 May | 168.59 | 171.21 | +4.6% |
| 07 May | 171.37 | 169.13 | +6.3% |
| 08 May | 171.39 | 167.94 | +6.3% |
| 11 May | 169.98 | 169.69 | +5.4% |
| 12 May | 167.21 | 169.71 | +3.7% |
| 13 May | 163.26 | 168.64 | +1.3% |
| 14 May | 159.78 | 166.32 | -0.9% |
| 15 May | 163.59 | 164.76 | +1.5% |
| 18 May | 169.72 | 164.71 | +5.3% |
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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