| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 08 May | 221.32 | 223.64 | +0.0% |
| 11 May | 221.43 | 223.09 | +0.0% |
| 12 May | 224.26 | 222.83 | +1.3% |
| 13 May | 230.42 | 223.99 | +4.1% |
| 14 May | 230.80 | 225.65 | +4.3% |
| 15 May | 226.71 | 226.72 | +2.4% |
| 18 May | 228.92 | 228.22 | +3.4% |
| 19 May | 230.00 | 229.37 | +3.9% |
| 20 May | 229.32 | 229.15 | +3.6% |
| 21 May | 231.73 | 229.34 | +4.7% |
| 22 May | 234.34 | 230.86 | +5.9% |
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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