| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 15 Apr | 117.90 | 120.42 | +0.0% |
| 16 Apr | 115.46 | 118.98 | -2.1% |
| 17 Apr | 119.07 | 118.51 | +1.0% |
| 20 Apr | 117.10 | 117.90 | -0.7% |
| 21 Apr | 112.56 | 116.42 | -4.5% |
| 22 Apr | 112.89 | 115.42 | -4.2% |
| 23 Apr | 114.62 | 115.25 | -2.8% |
| 24 Apr | 111.90 | 113.81 | -5.1% |
| 27 Apr | 110.23 | 112.44 | -6.5% |
| 28 Apr | 110.03 | 111.93 | -6.7% |
| 29 Apr | 110.95 | 111.55 | -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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