On Friday, COPT Defense Properties reached an important technical milestone, with its Relative Strength (RS) Rating jumping into the 80-plus percentile with an upgrade to 83, up from 80 the day before.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating north of 80 in the early stages of their moves.
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COPT Defense Properties is trying to complete a flat base with a 34.22 entry. See if the stock can clear the breakout price in volume at least 40% above average.
COPT Defense Properties saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 7% to 8%. Revenue rose from 11% to 12%.
COPT Defense Properties earns the No. 10 rank among its peers in the Finance-Property REITs industry group. Equinix, Tanger and Strawberry Fields REIT are among the top 5 highly rated stocks within the group.
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