Weekly structural research · SAO · Real Estate

PLPL3 Stage Analysis

Plano & Plano Desenvolvimento Imobiliário S.A.

Week ending 25 Sep 2026Close BRL 6.71Tenure EstablishedBenchmark ^BVSP

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · Established contraction

The weekly architecture is expanding downward.

Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation.

The Trend gate is down within the current regime.
Fast Activity versus Slow Activity: improving.
Activity structure: wide and contracting.

Direction -70−100 bearish to +100 bullish

Energy 64/100directional strength

Maturity 100/100lifecycle context

Confidence 93/100evidence agreement

Trend gate Downstructural direction

Activity structure Widecontracting separation

Price acceptance -66.7%position within the Activity structure

Fair Value context -39.8%BRL 11.15 · weakening

Trend Architecture map · Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value

Background stage key

BalanceDirection is contained.
Rotation UpStructure is turning higher.
Upward ExpansionUptrend is established.
DecelerationUptrend is losing energy.
Rotation DownStructure is turning lower.
Downward ExpansionDowntrend is established.

View chart values · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-09-25	6.71	9.47	-46.77	13840700	Downward Expansion	-70	64
2026-09-18	6.58	9.77	-49.37	14219300	Downward Expansion	-79	68
2026-09-11	7.01	10.08	-47.81	10469000	Downward Expansion	-67	65
2026-09-04	7.23	10.38	-46.65	12382000	Downward Expansion	-67	67
2026-08-28	7.02	10.63	-46.32	7103300	Downward Expansion	-68	80
2026-08-21	6.90	10.90	-46.62	871400	Downward Expansion	-74	91
2026-08-14	6.75	11.16	-47.20	2128100	Downward Expansion	-84	94
2026-08-07	7.02	11.39	-47.54	1462100	Downward Expansion	-82	93
2026-07-31	7.36	11.64	-47.41	1614800	Downward Expansion	-78	91
2026-07-24	7.54	11.83	-45.65	905800	Downward Expansion	-77	88
2026-07-17	7.58	12.03	-45.97	4184600	Downward Expansion	-80	79
2026-07-10	8.15	12.23	-44.00	1746500	Downward Expansion	-72	76
2026-07-03	8.58	12.45	-40.66	1051000	Downward Expansion	-66	75
2026-06-26	8.54	12.65	-41.34	1231800	Downward Expansion	-68	84
2026-06-19	8.30	12.88	-42.14	2985600	Downward Expansion	-74	88
2026-06-12	8.56	13.08	-41.93	2402100	Downward Expansion	-74	88
2026-06-05	8.40	13.31	-43.04	2544200	Downward Expansion	-81	91
2026-05-29	8.87	13.50	-42.39	17228100	Downward Expansion	-80	89
2026-05-22	9.33	13.68	-40.91	47778300	Downward Expansion	-81	90
2026-05-15	10.30	13.85	-35.84	26356600	Downward Expansion	-74	85
2026-05-08	10.55	13.98	-37.28	45561000	Downward Expansion	-76	82
2026-05-01	10.19	14.11	-40.91	35682300	Downward Expansion	-84	76
2026-04-24	11.74	14.31	-33.60	16407900	Downward Expansion	-73	54
2026-04-17	13.07	14.46	-28.27	26730300	Downward Expansion	-59	47
2026-04-10	13.91	14.60	-24.62	24677500	Downward Expansion	-54	51
2026-04-03	13.63	14.67	-22.81	15458300	Downward Expansion	-55	53
2026-03-27	13.03	14.71	-23.80	16051100	Balance	-63	44
2026-03-20	12.94	14.74	-22.31	14512800	Balance	-54	33
2026-03-13	14.35	14.73	-14.79	15908200	Balance	-11	8
2026-03-06	14.07	14.67	-17.27	12559000	Upward Expansion	28	26
2026-02-27	15.47	14.64	-13.68	8322200	Upward Expansion	55	54
2026-02-20	16.13	14.55	-10.75	3479700	Balance	55	53
2026-02-13	15.96	14.45	-9.75	9663200	Balance	54	34
2026-02-06	14.63	14.36	-15.62	13136700	Balance	4	8
2026-01-30	15.11	14.35	-12.02	11074000	Balance	12	12
2026-01-23	14.61	14.33	-13.61	9184000	Balance	-4	6
2026-01-16	13.73	14.33	-11.72	9171300	Balance	-24	29
2026-01-09	14.67	14.35	-4.46	7770400	Balance	-10	31
2026-01-02	13.06	14.35	-12.99	3340600	Balance	-26	44
2025-12-26	13.47	14.46	-10.15	5487900	Balance	-22	31
2025-12-19	13.42	14.48	-8.85	6674600	Balance	-19	17
2025-12-12	14.83	14.50	-0.40	5240500	Deceleration	29	13
2025-12-05	14.67	14.47	1.01	7368700	Deceleration	29	16
2025-11-28	15.37	14.41	5.05	4223000	Deceleration	37	18
2025-11-21	14.26	14.29	0.34	7090800	Deceleration	17	10
2025-11-14	15.45	14.19	6.77	10117200	Deceleration	35	17
2025-11-07	14.26	14.05	1.07	5626500	Deceleration	18	20
2025-10-31	14.09	13.96	3.00	5958300	Deceleration	17	21
2025-10-24	14.56	13.86	8.92	5973800	Deceleration	32	20
2025-10-17	14.23	13.77	8.62	4681200	Upward Expansion	38	24
2025-10-10	14.42	13.68	12.38	6074600	Upward Expansion	60	55
2025-10-03	16.06	13.56	22.45	4213400	Upward Expansion	66	80
2025-09-26	16.27	13.37	23.66	3547600	Upward Expansion	67	81
2025-09-19	17.21	13.15	31.29	5147400	Upward Expansion	84	84
2025-09-12	16.09	12.93	26.77	5025300	Deceleration	65	57
2025-09-05	14.84	12.74	17.48	5888300	Deceleration	47	24
2025-08-29	13.96	12.57	12.00	6607300	Deceleration	16	12
2025-08-22	12.74	12.42	5.30	4118900	Deceleration	1	17
2025-08-15	12.50	12.29	4.85	4400900	Deceleration	-3	19
2025-08-08	13.09	12.13	10.50	7098900	Deceleration	12	19
2025-08-01	12.95	11.95	12.52	3980200	Deceleration	25	22
2025-07-25	13.00	11.78	12.39	4063900	Deceleration	35	22
2025-07-18	13.26	11.61	15.28	4260400	Deceleration	41	30
2025-07-11	14.28	11.47	22.26	3595100	Upward Expansion	47	41
2025-07-04	14.68	11.30	21.90	3492500	Upward Expansion	61	51
2025-06-27	14.41	11.14	24.60	3055300	Upward Expansion	63	60
2025-06-20	14.26	11.02	23.97	2399900	Upward Expansion	65	71
2025-06-13	14.76	10.92	29.31	8465000	Upward Expansion	68	85
2025-06-06	16.32	10.81	45.37	7286100	Upward Expansion	93	97
2025-05-30	14.14	10.64	26.56	2989200	Upward Expansion	76	90
2025-05-23	14.14	10.57	26.83	6166000	Upward Expansion	83	89
2025-05-16	13.87	10.50	24.26	5294800	Upward Expansion	87	80
2025-05-09	12.81	10.44	17.95	7061900	Upward Expansion	79	58
2025-05-02	11.78	10.40	10.19	3740500	Upward Expansion	67	46
2025-04-25	11.13	10.39	4.59	4844300	Rotation Up	32	33
2025-04-18	11.49	10.37	12.25	2013500	Rotation Up	36	46
2025-04-11	11.54	10.35	14.67	3088800	Rotation Up	40	58
2025-04-04	11.16	10.33	11.37	8477000	Rotation Up	27	56
2025-03-28	11.73	10.32	12.82	2891100	Rotation Up	43	66
2025-03-21	11.62	10.28	11.26	4707000	Rotation Up	45	55
2025-03-14	10.58	10.25	3.96	4260100	Balance	27	32
2025-03-07	10.54	10.24	6.54	7790500	Balance	9	27
2025-02-28	9.58	10.25	-1.73	3573100	Balance	-5	25
2025-02-21	10.68	10.28	5.54	7487800	Downward Expansion	-3	26
2025-02-14	10.47	10.25	2.48	5830400	Downward Expansion	-14	27
2025-02-07	9.53	10.23	-3.99	4187000	Downward Expansion	-43	27
2025-01-31	9.53	10.21	-5.22	9801500	Downward Expansion	-51	43
2025-01-24	8.86	10.19	-9.23	7393300	Downward Expansion	-66	70
2025-01-17	7.73	10.20	-20.95	6551900	Downward Expansion	-72	88
2025-01-10	7.67	10.21	-19.62	3997100	Rotation Down	-78	90
2025-01-03	7.84	10.24	-17.70	3792600	Rotation Down	-55	81
2024-12-27	8.07	10.27	-16.61	2888800	Rotation Down	-57	76
2024-12-20	8.78	10.28	-10.71	5574600	Deceleration	-42	57
2024-12-13	9.23	10.26	-8.10	5110300	Deceleration	-37	36
2024-12-06	9.90	10.24	-2.51	7005000	Deceleration	2	14
2024-11-29	10.78	10.20	6.43	8305200	Deceleration	31	19
2024-11-22	11.50	10.20	10.78	4113600	Upward Expansion	43	29
2024-11-15	11.27	10.15	10.01	4483000	Upward Expansion	57	39
2024-11-08	11.37	10.11	11.30	5469300	Upward Expansion	62	54
2024-11-01	12.03	10.10	17.75	6025500	Upward Expansion	66	72
2024-10-25	12.01	10.09	16.63	3815000	Upward Expansion	70	73
2024-10-18	12.06	10.09	17.28	3490500	Upward Expansion	75	68
2024-10-11	11.57	10.06	13.89	2027300	Upward Expansion	69	58
2024-10-04	11.37	10.07	11.27	3569200	Upward Expansion	67	50
2024-09-27	10.60	10.10	3.70	2909800	Rotation Up	29	28
2024-09-20	11.01	10.13	9.33	3805800	Rotation Up	34	31
2024-09-13	10.94	10.14	5.93	2129200	Rotation Up	36	32
2024-09-06	10.72	10.12	4.43	3273200	Rotation Up	23	26
2024-08-30	10.48	10.11	1.14	5752500	Rotation Up	22	43
2024-08-23	10.70	10.08	3.59	3658600	Rotation Up	27	51
2024-08-16	10.25	10.08	0.63	4882500	Rotation Up	21	40
2024-08-09	11.05	10.08	11.34	5271800	Downward Expansion	37	40
2024-08-02	10.47	10.03	9.60	6572400	Downward Expansion	7	20
2024-07-26	9.85	9.98	1.92	4470900	Downward Expansion	-22	20
2024-07-19	9.63	9.98	-0.44	6671000	Downward Expansion	-34	22
2024-07-12	9.01	9.98	-7.77	8318300	Downward Expansion	-40	27
2024-07-05	9.03	10.01	-5.61	5663600	Downward Expansion	-44	32
2024-06-28	8.98	10.04	-4.24	3871400	Downward Expansion	-58	43
2024-06-21	8.23	10.06	-10.16	2221300	Downward Expansion	-66	57
2024-06-14	8.60	10.10	-4.83	4240000	Downward Expansion	-62	65
2024-06-07	8.49	10.14	-6.77	4344100	Rotation Down	-64	74
2024-05-31	8.50	10.17	-7.33	3224800	Rotation Down	-41	68
2024-05-24	8.26	10.16	-11.29	3340600	Rotation Down	-40	65
2024-05-17	8.48	10.14	-11.43	3725900	Deceleration	-40	55
2024-05-10	8.91	10.09	-6.14	5377700	Deceleration	-35	34
2024-05-03	10.49	10.01	10.31	3145100	Deceleration	20	21
2024-04-26	10.14	9.89	9.23	2198700	Deceleration	15	17
2024-04-19	10.14	9.81	11.40	5586700	Deceleration	27	16
2024-04-12	11.08	9.74	21.95	5202700	Upward Expansion	44	29
2024-04-05	11.58	9.64	27.89	2760100	Upward Expansion	58	43
2024-03-29	12.20	9.55	34.95	3130300	Upward Expansion	71	54
2024-03-22	11.06	9.44	25.03	2835000	Upward Expansion	63	63
2024-03-15	11.85	9.34	35.83	3757700	Upward Expansion	69	76
2024-03-08	12.23	9.23	41.84	2571000	Upward Expansion	80	80
2024-03-01	11.49	9.14	33.45	4131400	Upward Expansion	74	68
2024-02-23	11.28	9.07	32.90	4526900	Upward Expansion	75	54
2024-02-16	10.54	9.00	26.82	1959700	Upward Expansion	64	52
2024-02-09	10.19	8.95	25.03	3840700	Upward Expansion	58	47
2024-02-02	9.77	8.88	22.48	4538900	Upward Expansion	54	41
2024-01-26	10.56	8.81	32.35	4182000	Deceleration	68	43
2024-01-19	10.40	8.73	33.76	6192500	Deceleration	68	39
2024-01-12	9.34	8.64	18.93	3349100	Upward Expansion	41	26
2024-01-05	9.17	8.59	17.32	3364000	Upward Expansion	46	34
2023-12-29	9.74	8.51	24.32	3371700	Upward Expansion	60	45
2023-12-22	9.67	8.40	26.49	9505600	Upward Expansion	62	54
2023-12-15	9.92	8.28	34.37	5497200	Upward Expansion	69	71
2023-12-08	9.80	8.15	38.23	4802300	Upward Expansion	68	74
2023-12-01	9.75	7.99	38.83	4082700	Upward Expansion	70	75
2023-11-24	9.43	7.84	39.44	4305100	Balance	64	59
2023-11-17	9.65	7.69	45.68	5241900	Balance	61	47
2023-11-10	9.36	7.53	49.16	9174900	Balance	52	31
2023-11-03	8.32	7.41	37.73	5380200	Rotation Down	14	15
2023-10-27	7.74	7.29	35.62	6602000	Rotation Down	-20	40
2023-10-20	6.76	7.19	20.46	6315000	Deceleration	-28	47
2023-10-13	6.56	7.11	15.73	8470600	Deceleration	-13	28
2023-10-06	6.90	7.03	24.58	8302200	Deceleration	-6	19

Price vs TrendBelow-29.2%

Trend directionFalling-21.3%

Price vs current Fair ValueBelow anchor-39.8%

Fair Value directionMoving away-15.7%

Relative Strength vs benchmarkLagging-46.8%

Relative strength directionWeakening-5.4%

Price momentumNegative-48.5%

Volume balanceSupply-led0.96×

Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

-70 / ±100

-1.2 points since 2026-08-28

Energy

64 /100

-15.9 points since 2026-08-28

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

PLPL3 Directional State ↗ PLPL3 Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance10

Rotation Up30

Upward Expansion12

Deceleration61

Rotation Down54

Downward Expansion85

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind today’s regime

2023-10-06 to 2026-09-25 · 156 classified observations out of 156 shown.

Balance 12%Rotation Up 8%Upward Expansion 28%Deceleration 20%Rotation Down 5%Downward Expansion 26%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-04-03	2026-09-25	Established	-50.8%
Balance	2026-03-13	2026-03-27	New	-9.2%
Upward Expansion	2026-02-27	2026-03-06	New	-9.0%
Balance	2025-12-19	2026-02-20	Developing	+20.2%
Deceleration	2025-10-24	2025-12-12	Developing	+1.9%
Upward Expansion	2025-09-19	2025-10-17	Developing	-17.3%
Deceleration	2025-07-18	2025-09-12	Developing	+21.3%
Upward Expansion	2025-05-02	2025-07-11	Developing	+21.3%
Rotation Up	2025-03-21	2025-04-25	Developing	-4.2%
Balance	2025-02-28	2025-03-14	New	+10.5%
Downward Expansion	2025-01-17	2025-02-21	Developing	+38.1%
Rotation Down	2024-12-27	2025-01-10	New	-5.0%
Deceleration	2024-11-29	2024-12-20	New	-18.5%
Upward Expansion	2024-10-04	2024-11-22	Developing	+1.1%

Classic Stage Analysis comparison

Stage 1 · Basing53

Stage 2 · Advancing0

Stage 3 · Distribution17

Stage 4 · Declining100

Legacy result: Stage 4 · Stage 4B · Declining. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^BVSP

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Lagging benchmark

Architecture confirmation: 86/100
Current Relative Strength: -46.77
Relative Strength direction: Weakening
Price momentum: -48.5%
Excess performance vs benchmark: -49.6%
Real Estate regime cohort: 72th percentile53 in cohort

Test PLPL3 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.60×

Latest completed volume relative to typical participation.

Up/down volume0.96×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Explore PLPL3 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity BRL 6.83falling

Slow Activity BRL 8.12falling

Trend Reference BRL 9.47-29.2% close margin

Current Fair Value BRL 11.15-39.8% close margin

Structural low BRL 6.31shock / repair context

What changes the read?

Fan contraction and a persistent upward fast/slow rotation are required before the declining structure is considered repaired.

Range context +8.2%

Annualized volatility +34.5%

From structural high -60.1%

From structural low +6.3%

Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon	Samples	Median move	Positive periods	Directional follow-through	Median excess vs ^BVSP	Regime survived	Read
Near term	16	-4.2%-25.2% to +35.4%	+37.5%	+62.5%	-3.7%	+81.2%	Usable descriptive sample
Intermediate	5	+27.2%-37.1% to +94.0%	+60.0%	+40.0%	+14.4%	+40.0%	Usable descriptive sample
Extended	3	+49.1%+7.3% to +71.6%	+100.0%	+0.0%	+55.3%	+0.0%	Too little matched history
Full cycle	2	+86.8%+71.6% to +102.0%	+100.0%	+0.0%	+88.0%	+0.0%	Too little matched history

Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

PLPL3 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Momentum Intelligence ↗

Volume & Price ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Momentum Intelligence

Volume & Price

Similar Charts

RMI Reversal Map