| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 15 Apr | 114.85 | 116.80 | +0.0% |
| 16 Apr | 116.43 | 116.33 | +1.4% |
| 17 Apr | 115.87 | 115.99 | +0.9% |
| 20 Apr | 115.14 | 115.76 | +0.3% |
| 21 Apr | 113.58 | 115.17 | -1.1% |
| 22 Apr | 113.38 | 114.88 | -1.3% |
| 23 Apr | 115.57 | 114.71 | +0.6% |
| 24 Apr | 114.60 | 114.45 | -0.2% |
| 27 Apr | 115.12 | 114.45 | +0.2% |
| 28 Apr | 115.78 | 114.89 | +0.8% |
| 29 Apr | 114.51 | 115.12 | -0.3% |
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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