Igr a strong buy

CBRE Global Real Estate Income Fund (IGR) is currently a strong buy. Here's why:

1. Positive Technical Indicators: The stock's technical indicators are predominantly bullish. The Moving Average Convergence Divergence (MACD) is positive, and the Relative Strength Index (RSI) is above the oversold threshold, indicating potential for price increase.

2. Support from Moving Averages: The stock is trading above its 5-Day, 10-Day, and 50-Day Moving Averages, which are $6.31, $6.17, and $5.58, respectively. This is a bullish signal as it suggests that the short-term and medium-term trends are upwards.

3. Recent Price Performance: IGR has shown an increase of 0.95% from the previous week, indicating a positive trend. The stock has also experienced a rise in 6 of the last 10 days, suggesting a recent uptick in momentum.
4. Analyst Ratings: The consensus rating for IGR is a strong buy, with analysts indicating a belief in the stock's potential to outperform the market.
5. Fundamental Analysis: The fund's focus on income-producing real estate securities in established markets, managed by an experienced team, provides a solid foundation for its investment strategy. Additionally, the fund has a high dividend score, indicating a commitment to returning value to shareholders.

In conclusion, IGR's bullish technical indicators, positive recent performance, strong buy rating from analysts, and solid investment strategy make it a compelling choice for investors looking for opportunities in the real estate sector.