| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 11 May | 166.52 | 172.58 | +0.0% |
| 12 May | 166.26 | 170.90 | -0.2% |
| 13 May | 165.99 | 169.12 | -0.3% |
| 14 May | 164.54 | 166.89 | -1.2% |
| 15 May | 161.91 | 165.04 | -2.8% |
| 18 May | 163.86 | 164.51 | -1.6% |
| 19 May | 167.04 | 164.67 | +0.3% |
| 20 May | 171.12 | 165.69 | +2.8% |
| 21 May | 173.33 | 167.45 | +4.1% |
| 22 May | 172.00 | 169.47 | +3.3% |
| 26 May | 172.81 | 171.26 | +3.8% |
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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