{ "ticker": { "uuid": "46db1e6c-7415-4343-bb19-e90f6403df5b", "symbol": "301006", "name": "Meter Instruments Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.046, "architecture_energy": 55.683, "architecture_maturity": 62.263, "architecture_confidence": 94.577, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 7.71, "rotation_up": 25.65, "upward_expansion": 9.64, "deceleration": 60.01, "rotation_down": 54.2, "downward_expansion": 82.97 }, "activity_lines": [ 12.557958, 12.669776, 13.977461, 14.952572 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 13.37, "trend_reference": 16.097997, "distance_from_trend": -0.169462, "trend_direction": "Weakening", "fair_value": 15.119342, "distance_from_fair_value": -0.115702, "fair_value_direction": "Weakening", "relative_strength": -21.550782, "relative_strength_direction": "Weakening", "price_momentum": -0.269399, "excess_performance": -0.276799, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.169462, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.077884, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.115702, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.251583, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.215508, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.092513, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.269399, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.487911, "read": "Supply-led" } ], "volume": { "latest": 9340738, "relative_activity": 1.017269, "balance": 0.487911, "dry_up": 1.052637, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.101386, "annualized_volatility": 0.371374, "from_high_reference": -0.309401, "from_low_reference": 0.215455 }, "levels": { "trend_reference": 16.097997, "fair_value_reference": 15.119342, 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11249100, "typical_volume": 9177356.0, "trend": 16.32833, "fair_value": 15.22081, "relative_strength": -31.878907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.593423, "energy": 77.308662, "activity_lines": [ 12.131623, 12.821227, 14.434936, 15.375173 ] }, { "date": "2026-07-31", "close": 12.61, "volume": 9689845, "typical_volume": 9237719.35, "trend": 16.201997, "fair_value": 15.164747, "relative_strength": -22.708281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.32889, "energy": 63.533815, "activity_lines": [ 12.226676, 12.634138, 14.155698, 15.135281 ] }, { "date": "2026-08-07", "close": 13.37, "volume": 9340738, "typical_volume": 9182174.3, "trend": 16.097997, "fair_value": 15.119342, "relative_strength": -21.550782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.045902, "energy": 55.683271, "activity_lines": [ 12.557958, 12.669776, 13.977461, 14.952572 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }