| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 20 Apr | 113.66 | 115.04 | +0.0% |
| 21 Apr | 111.24 | 114.18 | -2.1% |
| 22 Apr | 110.47 | 113.28 | -2.8% |
| 23 Apr | 113.92 | 112.96 | +0.2% |
| 24 Apr | 113.64 | 112.59 | -0.0% |
| 27 Apr | 113.44 | 112.54 | -0.2% |
| 28 Apr | 113.16 | 112.93 | -0.4% |
| 29 Apr | 114.67 | 113.77 | +0.9% |
| 30 Apr | 117.91 | 114.56 | +3.7% |
| 01 May | 116.43 | 115.12 | +2.4% |
| 04 May | 116.40 | 115.71 | +2.4% |
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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