Weekly structural research ยท MEX ยท Real Estate

FIBRAPL14 Stage Analysis

FIBRA Prologis

Week ending 25 Sep 2026Close MXN 74.77Tenure DevelopingBenchmark ^MXX
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Downward Expansion ยท 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: moderate and contracting.
Direction -52โˆ’100 bearish to +100 bullish
Energy 34/100directional strength
Maturity 37/100lifecycle context
Confidence 80/100evidence agreement
Trend gate Downstructural direction
Activity structure Moderatecontracting separation
Price acceptance -33.3%position within the Activity structure
Fair Value context +13.3%MXN 65.98 ยท weakening
Trend Architecture map ยท 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 ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-09-2574.7777.63-1.312101568Downward Expansion-5234
2026-09-1873.2977.97-0.7526279421Downward Expansion-6437
2026-09-1175.6978.281.632537945Downward Expansion-4327
2026-09-0474.8578.53-0.879152327Downward Expansion-5843
2026-08-2875.7578.86-0.624286115Downward Expansion-5849
2026-08-2175.4378.96-1.38513679Downward Expansion-5851
2026-08-1472.8579.10-2.86449131Downward Expansion-7768
2026-08-0774.9579.44-3.94413996Downward Expansion-6552
2026-07-3176.7979.56-1.681303478Downward Expansion-5749
2026-07-2475.0879.49-3.151377781Downward Expansion-6664
2026-07-1776.5979.52-1.59649076Rotation Down-6064
2026-07-1076.6279.45-1.39722036Rotation Down-3350
2026-07-0375.6779.30-3.45635341Balance-3745
2026-06-2675.3779.21-4.165539336Balance-3828
2026-06-1979.9179.230.752417254Balance2411
2026-06-1280.0079.070.532920526Balance2712
2026-06-0579.6378.942.823153935Balance2812
2026-05-2983.1878.793.6416823191Balance4420
2026-05-2279.7078.43-0.365984494Balance3113
2026-05-1579.8878.130.465528768Balance4524
2026-05-0880.7577.81-1.124825653Balance4941
2026-05-0180.0077.450.785093448Balance4036
2026-04-2484.1177.223.845082407Balance5946
2026-04-1783.2976.762.0712909243Balance4424
2026-04-1080.0776.32-2.095613683Balance1811
2026-04-0378.5075.99-3.656098745Balance817
2026-03-2777.0175.69-1.409126367Upward Expansion1722
2026-03-2076.5375.351.859851729Upward Expansion2117
2026-03-1374.0175.16-3.759292598Upward Expansion2013
2026-03-0678.7475.00-0.247494498Upward Expansion5538
2026-02-2784.9174.661.4012869570Upward Expansion6960
2026-02-2082.4374.11-1.604695107Upward Expansion6153
2026-02-1383.2573.54-0.685684847Upward Expansion6757
2026-02-0684.8872.972.186903154Upward Expansion8076
2026-01-3078.7772.33-0.676483434Upward Expansion6266
2026-01-2379.4271.99-0.777555176Upward Expansion6368
2026-01-1683.1871.665.628738427Upward Expansion8374
2026-01-0978.4871.061.555398768Upward Expansion7051
2026-01-0274.6670.68-0.283300558Deceleration4224
2025-12-2676.1070.45-0.531555369Deceleration5126
2025-12-1974.4470.29-0.137443712Upward Expansion4425
2025-12-1272.0070.00-4.473076810Upward Expansion5230
2025-12-0573.2269.80-0.807545588Upward Expansion5949
2025-11-2875.8269.612.4111041027Upward Expansion6569
2025-11-2175.2769.294.577976001Upward Expansion6366
2025-11-1475.8968.954.736050632Upward Expansion6963
2025-11-0775.1968.462.085209053Upward Expansion6947
2025-10-3172.5668.00-0.5611559274Upward Expansion5831
2025-10-2470.5167.73-0.974164487Upward Expansion4929
2025-10-1770.2967.46-2.305402857Upward Expansion5232
2025-10-1069.9267.18-1.033796732Upward Expansion5540
2025-10-0373.1166.941.024095538Upward Expansion6953
2025-09-2670.2266.58-3.453982700Upward Expansion5637
2025-09-1970.3266.30-1.5911665611Upward Expansion5630
2025-09-1269.9666.03-3.054880379Upward Expansion5737
2025-09-0569.5665.84-1.531812692Upward Expansion5640
2025-08-2966.9665.64-2.387833007Upward Expansion4937
2025-08-2270.6565.442.162958233Deceleration5947
2025-08-1569.1565.001.624458016Deceleration5127
2025-08-0868.6564.491.315239626Deceleration5022
2025-08-0168.4563.963.097238763Deceleration3817
2025-07-2565.1763.43-2.404528093Deceleration2914
2025-07-1866.2863.121.273546858Deceleration3620
2025-07-1165.5762.79-0.158085429Deceleration3721
2025-07-0468.7562.522.237026118Deceleration5430
2025-06-2769.4462.164.426646366Deceleration5731
2025-06-2065.1161.760.1317187398Upward Expansion4931
2025-06-1367.1261.561.227474493Upward Expansion5337
2025-06-0667.7361.341.149633598Upward Expansion5542
2025-05-3071.4061.177.0710367727Upward Expansion7461
2025-05-2365.7260.90-2.283630215Upward Expansion5552
2025-05-1665.9560.78-1.153794138Upward Expansion5657
2025-05-0967.5660.703.885516993Upward Expansion6757
2025-05-0266.2860.573.496899541Deceleration6439
2025-04-2564.9660.39-0.0113708974Deceleration6031
2025-04-1861.2760.250.932653843Deceleration3820
2025-04-1161.4860.214.357098045Deceleration4926
2025-04-0464.2660.169.307314805Deceleration6034
2025-03-2862.4560.013.053834587Deceleration4125
2025-03-2161.9659.883.246087708Rotation Up5130
2025-03-1462.7159.854.9110159827Rotation Up1922
2025-03-0762.2159.913.4510655219Rotation Up2040
2025-02-2862.0559.934.1522389381Rotation Up2248
2025-02-2162.0459.761.738849924Rotation Up2236
2025-02-1464.3659.535.227674110Rotation Up3439
2025-02-0763.4059.256.6214438006Downward Expansion1824
2025-01-3160.9559.216.236519433Downward Expansion-2314
2025-01-2457.7159.140.8210370380Downward Expansion-5946
2025-01-1753.8159.06-2.974412029Downward Expansion-6471
2025-01-1052.5659.18-4.384992947Downward Expansion-7677
2025-01-0352.6259.36-2.842868072Rotation Down-8275
2024-12-2755.9859.632.86981555Rotation Down-4156
2024-12-2056.2059.892.9024313024Rotation Down-3454
2024-12-1357.4660.021.347722643Rotation Down-2747
2024-12-0658.0060.233.0513168836Balance-2332
2024-11-2957.4060.355.3122905293Balance-2624
2024-11-2259.2060.487.5917314450Balance1611
2024-11-1560.4360.6910.1312073715Upward Expansion3318
2024-11-0862.7960.7411.8519877254Upward Expansion5343
2024-11-0163.2060.7515.829438484Upward Expansion2940
2024-10-2562.0860.7611.8213906069Balance2535
2024-10-1863.6760.9112.539448984Balance3137
2024-10-1163.6160.9514.3110321918Balance2123
2024-10-0460.9060.999.6810201853Balance-2110
2024-09-2760.7461.179.529795462Balance-2410
2024-09-2060.1760.9810.3716191990Balance-2814
2024-09-1359.7960.7810.7011716356Balance-178
2024-09-0659.7860.5413.418541112Balance49
2024-08-3058.4760.317.8419437577Balance-112
2024-08-2361.3160.0812.5215785193Balance1417
2024-08-1664.3859.7617.6215397926Balance1813
2024-08-0962.7959.3817.7756266766Deceleration59
2024-08-0256.9959.079.379107716Deceleration-2420
2024-07-2655.0558.985.0710220975Deceleration-3523
2024-07-1956.1259.045.898544146Rotation Down-2419
2024-07-1262.2059.0315.1812779237Rotation Down-417
2024-07-0558.9258.8515.324192553Rotation Down-1738
2024-06-2855.1758.768.378995747Deceleration-3042
2024-06-2157.3958.6912.499428480Deceleration012
2024-06-1457.9758.5115.4910543382Deceleration39
2024-06-0760.8158.2720.1414860368Deceleration3417
2024-05-3163.7157.8821.7716344995Deceleration4221
2024-05-2460.0257.3715.078444750Deceleration3518
2024-05-1763.8256.8918.499316853Deceleration4428
2024-05-1061.4956.2914.7114421352Deceleration4026
2024-05-0361.5255.6716.7010576882Upward Expansion4432
2024-04-2665.3755.1323.366115521Upward Expansion6747
2024-04-1961.9054.3521.8210387656Upward Expansion6050
2024-04-1263.2953.7323.7310640951Upward Expansion6459
2024-04-0563.4953.0021.626509996Upward Expansion6786
2024-03-2966.5352.2929.864938936Upward Expansion7992
2024-03-2264.8351.4729.136925459Upward Expansion7992
2024-03-1564.8450.7330.7722103941Upward Expansion8690
2024-03-0866.1350.0337.3821081405Deceleration8980
2024-03-0155.1449.2314.1711568006Deceleration5133
2024-02-2354.2648.8410.455432093Deceleration3420
2024-02-1652.4748.496.188380873Deceleration3021
2024-02-0952.7848.196.629476462Deceleration3124
2024-02-0251.6447.862.9014343405Deceleration3427
2024-01-2651.6847.655.676726766Deceleration4026
2024-01-1953.0747.4011.626688951Upward Expansion4943
2024-01-1253.3547.0612.354871826Upward Expansion6355
2024-01-0554.3546.7713.754359668Upward Expansion6764
2023-12-2956.9946.3717.233293912Upward Expansion7582
2023-12-2255.9045.8815.697842544Upward Expansion7282
2023-12-1556.5945.4218.1015670230Upward Expansion8391
2023-12-0856.2044.9123.8913439087Upward Expansion8894
2023-12-0153.3144.4119.26123548934Upward Expansion8391
2023-11-2451.7543.9918.4414218602Upward Expansion8391
2023-11-1750.8443.7117.4611774322Upward Expansion8386
2023-11-1049.0143.5216.927378480Upward Expansion7980
2023-11-0348.5643.3916.376709408Upward Expansion7772
2023-10-2745.6143.2015.037295848Upward Expansion6254
2023-10-2045.6643.1817.4814625394Balance6142
2023-10-1342.9843.218.7211351250Balance29
2023-10-0645.2443.2714.228939519Balance1711
Price vs TrendBelow-3.7%
Trend directionFalling-2.4%
Price vs current Fair ValuePremium+13.3%
Fair Value directionMoving away-5.8%
Relative Strength vs benchmarkLagging-1.3%
Relative strength directionImproving+2.9%
Price momentumNegative-2.9%
Volume balanceSupply-led0.32ร—
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

-52 / ยฑ100

+5.7 points since 2026-08-28

Energy

34 /100

-15.0 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.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance32
Rotation Up24
Upward Expansion4
Deceleration55
Rotation Down41
Downward Expansion73

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 todayโ€™s regime

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

Balance 20%Rotation Up 4%Upward Expansion 39%Deceleration 22%Rotation Down 6%Downward Expansion 10%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Downward Expansion2026-07-242026-09-25Developing-0.4%
Rotation Down2026-07-102026-07-17New-0.0%
Balance2026-04-032026-07-03Established-3.6%
Upward Expansion2026-01-092026-03-27Developing-1.9%
Deceleration2025-12-262026-01-02New-1.9%
Upward Expansion2025-08-292025-12-19Established+11.2%
Deceleration2025-06-272025-08-22Developing+1.7%
Upward Expansion2025-05-092025-06-20Developing-3.6%
Deceleration2025-03-282025-05-02Developing+6.1%
Rotation Up2025-02-142025-03-21Developing-3.7%
Downward Expansion2025-01-102025-02-07Developing+20.6%
Rotation Down2024-12-132025-01-03New-8.4%
Balance2024-11-222024-12-06New-2.0%
Upward Expansion2024-11-012024-11-15New-4.4%
Classic Stage Analysis comparison
Stage 1 ยท Basing43
Stage 2 ยท Advancing20
Stage 3 ยท Distribution55
Stage 4 ยท Declining80

Legacy result: Stage 4 ยท Stage 4A ยท Breakdown. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^MXX

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
70/100
Current Relative Strength
-1.31
Relative Strength direction
Improving
Price momentum
-2.9%
Excess performance vs benchmark
-0.4%
Real Estate regime cohort
25th percentile12 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.45ร—

Latest completed volume relative to typical participation.

Up/down volume0.32ร—

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 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+25.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity MXN 74.64falling
Slow Activity MXN 76.70falling
Trend Reference MXN 77.63-3.7% close margin
Current Fair Value MXN 65.98+13.3% close margin
Structural low MXN 71.61shock / 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 +3.4%
Annualized volatility +18.8%
From structural high -14.7%
From structural low +9.4%
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 movePositive periodsDirectional follow-through Median excess vs ^MXX Regime survived Read
Near term5+0.5%-2.8% to +20.6%+60.0%+40.0%+1.4%+60.0%Usable descriptive sample
Intermediate2+20.1%+17.0% to +23.2%+100.0%+0.0%+12.4%+0.0%Too little matched history
Extended2+25.5%+24.8% to +26.3%+100.0%+0.0%+12.3%+0.0%Too little matched history
Full cycle2+41.4%+33.5% to +49.3%+100.0%+0.0%+24.9%+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.

Evidence context