Costamare Inc

CMRE is in Stage 2 – Advancing (Corrective Reset) with structural repair underway, indicated by the Bullish Pivot Point pattern. Price has been rejected at the 9/21 EMA resistance zone, creating a neutral short-term timing signal. Medium-term bias remains bullish, but caution is warranted around key moving average support. We recommend stalking pullbacks into the 9- and 21-EMA support area for evidence of acceptance before initiating positions.

• ↑Q1 net income $75M with $6.2B contracted revenues and 6.1-year charter backlog.
• ↑Raised quarterly dividend to $0.125/sh, maintaining a 17% payout ratio.
• ↓Rising rates could erode ship valuations and compress charter margins.