| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 04 May | 154.40 | 157.74 | +0.0% |
| 05 May | 153.89 | 157.23 | -0.3% |
| 06 May | 156.02 | 156.46 | +1.0% |
| 07 May | 157.25 | 155.98 | +1.8% |
| 08 May | 151.95 | 154.70 | -1.6% |
| 11 May | 150.29 | 153.88 | -2.7% |
| 12 May | 152.86 | 153.67 | -1.0% |
| 13 May | 149.77 | 152.42 | -3.0% |
| 14 May | 150.63 | 151.10 | -2.4% |
| 15 May | 149.97 | 150.70 | -2.9% |
| 18 May | 152.31 | 151.11 | -1.4% |
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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