| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 08 May | 154.86 | 159.04 | +0.0% |
| 11 May | 147.79 | 155.53 | -4.6% |
| 12 May | 147.92 | 153.47 | -4.5% |
| 13 May | 143.06 | 150.77 | -7.6% |
| 14 May | 148.00 | 148.33 | -4.4% |
| 15 May | 140.33 | 145.42 | -9.4% |
| 18 May | 141.21 | 144.10 | -8.8% |
| 19 May | 142.50 | 143.02 | -8.0% |
| 20 May | 144.61 | 143.33 | -6.6% |
| 21 May | 148.90 | 143.51 | -3.8% |
| 22 May | 145.15 | 144.47 | -6.3% |
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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