COPT Defense Properties

CDP remains in a Stage 2 advancing uptrend with HH/HL structure riding a steep Parabola. Price is extended above rising EMAs in an Extreme OB context, so given the Stable strategy’s conservative approach, execution should be deferred: stalk for a pullback into the 9/21 EMA support zone and wait for clear acceptance before buying.

• ↑FFO per share $0.69 (+6.2% YoY), beat Q1 guidance
• ↑Tenant retention 91% and occupancy 94.4%, signaling strong demand
• ↓28% revenue tied to government spending, exposing occupancy to budget shifts