| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 01 Jul | 103.22 | 104.75 | +0.0% |
| 02 Jul | 104.73 | 104.41 | +1.5% |
| 06 Jul | 103.58 | 103.94 | +0.3% |
| 07 Jul | 108.44 | 104.79 | +5.1% |
| 08 Jul | 110.72 | 106.14 | +7.3% |
| 09 Jul | 108.02 | 107.10 | +4.7% |
| 10 Jul | 109.04 | 107.96 | +5.6% |
| 13 Jul | 112.85 | 109.81 | +9.3% |
| 14 Jul | 111.87 | 110.50 | +8.4% |
| 15 Jul | 111.46 | 110.65 | +8.0% |
| 16 Jul | 112.84 | 111.61 | +9.3% |
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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