| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 11 May | 184.77 | 187.62 | +0.0% |
| 12 May | 182.33 | 186.68 | -1.3% |
| 13 May | 175.37 | 184.14 | -5.1% |
| 14 May | 175.24 | 181.10 | -5.2% |
| 15 May | 175.35 | 178.61 | -5.1% |
| 18 May | 181.39 | 177.94 | -1.8% |
| 19 May | 178.54 | 177.18 | -3.4% |
| 20 May | 181.83 | 178.47 | -1.6% |
| 21 May | 181.69 | 179.76 | -1.7% |
| 22 May | 184.64 | 181.62 | -0.1% |
| 26 May | 182.35 | 181.81 | -1.3% |
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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