{
  "ticker": {
    "uuid": "54e92031-3957-42bc-9a70-ba62aa435ead",
    "symbol": "PLPL3",
    "name": "Plano & Plano Desenvolvimento Imobili\u00e1rio S.A.",
    "exchange": "SAO",
    "country": "BR",
    "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": "^BVSP",
    "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": -78.906,
    "architecture_energy": 88.464,
    "architecture_maturity": 68.189,
    "architecture_confidence": 96,
    "architecture_tenure": "Established",
    "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": 3.51,
        "rotation_up": 26.02,
        "upward_expansion": 20.61,
        "deceleration": 37.82,
        "rotation_down": 65.15,
        "downward_expansion": 96.28
      },
      "activity_lines": [
        7.364667,
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        8.616952,
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 7.02,
    "trend_reference": 11.388333,
    "distance_from_trend": -0.38358,
    "trend_direction": "Weakening",
    "fair_value": 11.212473,
    "distance_from_fair_value": -0.373912,
    "fair_value_direction": "Weakening",
    "relative_strength": -47.535219,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.520164,
    "excess_performance": -0.463116,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.38358,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.156592,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.373912,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.318516,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.475352,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.102602,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.520164,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.031387,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 16313900,
      "relative_activity": 0.975371,
      "balance": 0.031387,
      "dry_up": 0.652411,
      "accumulation_observations": 0,
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    },
    "risk": {
      "range_context": 0.106618,
      "annualized_volatility": 0.391618,
      "from_high_reference": -0.596102,
      "from_low_reference": 0.035398
    },
    "levels": {
      "trend_reference": 11.388333,
      "fair_value_reference": 11.212473,
      "structural_low": 6.78,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 14,
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        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.031962,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.370506,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
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        "sufficient": false
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      {
        "horizon": "Full cycle",
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        "sufficient": false
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        "regime": "deceleration",
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      {
        "regime": "rotation_down",
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      },
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      },
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        "regime": "balance",
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      },
      {
        "date": "2026-07-17",
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        "relative_strength": -45.967149,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.667699,
        "energy": 68.759148,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 17081940.0,
        "trend": 11.833333,
        "fair_value": 11.240211,
        "relative_strength": -45.654074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.633367,
        "energy": 77.544043,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 7.36,
        "volume": 6985200,
        "typical_volume": 16635790.0,
        "trend": 11.643333,
        "fair_value": 11.227352,
        "relative_strength": -47.414517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.462491,
        "energy": 86.864749,
        "activity_lines": [
          7.638667,
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          8.903476,
          10.102237
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.02,
        "volume": 16313900,
        "typical_volume": 16725845.0,
        "trend": 11.388333,
        "fair_value": 11.212473,
        "relative_strength": -47.535219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.905741,
        "energy": 88.464305,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}