| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 28 Apr | 97.28 | 98.58 | +0.0% |
| 29 Apr | 105.50 | 99.78 | +8.4% |
| 30 Apr | 105.33 | 100.93 | +8.3% |
| 01 May | 105.90 | 102.38 | +8.9% |
| 04 May | 104.97 | 103.80 | +7.9% |
| 05 May | 104.94 | 105.33 | +7.9% |
| 06 May | 106.44 | 105.52 | +9.4% |
| 07 May | 104.26 | 105.30 | +7.2% |
| 08 May | 104.93 | 105.11 | +7.9% |
| 11 May | 105.74 | 105.26 | +8.7% |
| 12 May | 106.58 | 105.59 | +9.6% |
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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