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Value Line Geometric Composite

Value Line Geometric Composite

Abbreviation
VLG
Parent term
Technical Indicator

The Value Line Geometric Composite (VLG) is a equity market index that tracks the median US stock performance among a universe of roughly 1800 stocks

  • good measure of direction and health of the overall market
  • important because 70-80% of a particular stocks trend depends on the trend of the larger market it belongs to

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