{ "ticker": { "uuid": "c17b2e70-74a3-4bc4-a406-6ee0fb32abf1", "symbol": "MGTX", "name": "MeiraGTx Holdings PLC", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.592, "architecture_energy": 45.297, "architecture_maturity": 86.762, "architecture_confidence": 63.044, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.3, "rotation_up": 45.43, "upward_expansion": 73.24, "deceleration": 71.03, "rotation_down": 27.11, "downward_expansion": 11.24 }, "activity_lines": [ 12.406, 12.337636, 11.39119, 10.576559 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 13.07, "trend_reference": 9.555, "distance_from_trend": 0.36787, "trend_direction": "Improving", "fair_value": 6.810481, "distance_from_fair_value": 0.919101, "fair_value_direction": "Improving", "relative_strength": 29.361193, "relative_strength_direction": "Improving", "price_momentum": 0.759085, "excess_performance": 0.571631, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.36787, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.149082, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.919101, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.394378, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.293612, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.242451, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.759085, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.302736, "read": "Demand-led" } ], "volume": { "latest": 2229429, "relative_activity": 0.515964, "balance": 1.302736, "dry_up": 0.670416, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.113236, "annualized_volatility": 0.613135, "from_high_reference": -0.148534, "from_low_reference": 0.97432 }, "levels": { "trend_reference": 9.555, "fair_value_reference": 6.810481, "structural_low": 6.62, "invalidation": "A sustained 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89.879104, "energy": 88.477883, "activity_lines": [ 12.012, 11.042545, 10.124714, 9.480946 ] }, { "date": "2026-07-10", "close": 13.39, "volume": 5366543, "typical_volume": 4131186.4, "trend": 8.96, "fair_value": 6.658494, "relative_strength": 34.374074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.815733, "energy": 87.076043, "activity_lines": [ 12.746, 11.577818, 10.513381, 9.776366 ] }, { "date": "2026-07-17", "close": 12.44, "volume": 4667786, "typical_volume": 4296357.15, "trend": 9.107, "fair_value": 6.692147, "relative_strength": 29.808998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.026088, "energy": 84.568751, "activity_lines": [ 12.870667, 11.868, 10.783286, 10.000882 ] }, { "date": "2026-07-24", "close": 11.77, "volume": 2148383, "typical_volume": 4289379.25, "trend": 9.233667, "fair_value": 6.728558, "relative_strength": 24.398897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.626366, "energy": 76.8001, "activity_lines": [ 12.582, 11.988727, 10.966143, 10.172688 ] }, { "date": "2026-07-31", "close": 11.79, "volume": 2541623, "typical_volume": 4307434.6, "trend": 9.366333, "fair_value": 6.765609, "relative_strength": 23.367488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.393476, "energy": 48.062394, "activity_lines": [ 12.27, 12.07, 11.12819, 10.337613 ] }, { "date": "2026-08-07", "close": 13.07, "volume": 2229429, "typical_volume": 4320904.35, "trend": 9.555, "fair_value": 6.810481, "relative_strength": 29.361193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.591964, "energy": 45.296857, "activity_lines": [ 12.406, 12.337636, 11.39119, 10.576559 ] } ], "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." } } }