| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 07 May | 114.88 | 121.04 | +0.0% |
| 08 May | 113.87 | 119.18 | -0.9% |
| 11 May | 115.55 | 117.30 | +0.6% |
| 12 May | 117.87 | 116.21 | +2.6% |
| 13 May | 117.40 | 115.91 | +2.2% |
| 14 May | 118.97 | 116.73 | +3.6% |
| 15 May | 122.41 | 118.44 | +6.6% |
| 18 May | 124.54 | 120.24 | +8.4% |
| 19 May | 125.11 | 121.69 | +8.9% |
| 20 May | 122.36 | 122.68 | +6.5% |
| 21 May | 120.55 | 122.99 | +4.9% |
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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