Hindsight Markets Small-cap stocks on September 18, 2026
NCPL on September 18, 2026: why it ran
On September 18, 2026, NCPL opened up 22.2% from the previous close of 0.5622 and reached 1.12 at 11:07 a.m. ET. The exchange halted it once.
- Previous close
- 0.5622
- Open, 9:30 a.m.
- 0.6870
- Gap at the open
- up 22.2%
- Pre-market high
- 0.8461 at 8:44 a.m.
- High, 4 a.m. to 4 p.m.
- 1.12 at 11:07 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.5301
- After-hours high, 4 p.m. to 8 p.m.
- 0.8600 at 5:01 p.m.
- Last trade before 4:00 p.m.
- 0.7354
- Volume
- 37.41 million
- Relative volume
- 2.5x
- Float
- 6.71 million shares, from filings as of September 18, 2026
- Shares outstanding
- 7.85 million
Replay NCPL's day
It starts at 10:48 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:51 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The day, step by step
- Small cap
- Momentum
- Main move: late morning
- Round-number break
- Halted once
- Lower high after the top
- Float traded 4x
The day before
On September 17, NCPL ran from $0.41 to $0.66. It gave some of it back and closed at $0.56.
Pre-market: up to $0.85
The first trades on the 18th were around $0.56, right at the close. From $0.56 at 7:04 a.m. it ran to $0.75 at 7:33 a.m., up 33%.
It pulled back, then ran again from $0.64 at 7:59 a.m. to the pre-market high, $0.85 at 8:44 a.m. 6.37 million shares traded before the bell. Then it fell to $0.63 at 9:02 a.m., down 25% from $0.85.
$0.71 to $0.99
It opened at $0.69, up 22% from the previous close. By 9:34 a.m., more shares had traded than exist in the whole float (6.71 million).
It ran to $0.78 at 9:41 a.m., up 14% from the open. At 10:02 a.m. it cleared the pre-market high of $0.85.
From $0.71 at 9:53 a.m. it ran to $0.99 at 10:07 a.m., up 39%. Then it slid. It fell to $0.70 at 10:33 a.m., down 29% from $0.99.
The wall at $1.00
From 10:02 a.m. on, someone was offering a lot of stock at exactly $1.00. It grew through the morning and peaked at 150,635 shares at 10:53 a.m., about 2% of the float.
The stock started climbing again from $0.73 at 10:48. By 10:58 it had reached $0.87.
Stop It's 10:59. NCPL is at $0.87. Just above, a wall of up to about 150,000 shares has been offered at $1.00 since 10:02. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 10:59 a.m. ET for your call, then show what happened. The clip starts at 10:56 a.m. ET.
Here's what happened. The 10:59 candle closed at $0.99. At 11:00:03, in under a second, 157,737 shares traded at exactly $1.00 and the wall was gone. It wasn't pulled. Buyers ate it.
It hit $1.07 at 11:01 a.m., up 46% from $0.73. Then it dropped to $0.85 at 11:04 a.m., down 20% from $1.07.
$1.12, then the halt
From $0.85 at 11:04 it ran to $1.12, the high so far, at 11:07 a.m. Within three minutes it was back at $0.97.
At 11:11 a.m. it was halted (a volatility pause) with the last trade at $0.89.
Stop It's 11:16. NCPL has been halted since 11:11 with the last trade at $0.89, well under the $1.12 high from nine minutes ago. It's about to reopen. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 11:16 a.m. ET for your call, then show what happened. The clip starts at 11:13 a.m. ET.
Trading resumed at 11:16:34. In that same second, a single print of 105,746 shares crossed at $0.8363.
Then it fell to $0.75 at 11:22 a.m., down 33% from $1.12.
The rest of the day
It came back once more. At 12:06 p.m. it pushed to $0.93, a lower high under the $1.12 top.
From there it faded: $0.74 at 1:09 p.m., $0.68 at 2:57 p.m., and $0.74 at the close. In the afternoon, bid walls of about 150,000 shares showed up and were pulled, at 12:50 p.m., 1:39 p.m. and 1:51 p.m.
By the close, 29.60 million shares had traded: the float changed hands about 4 times, at about 2.5 times its normal volume.
What to take from it
- The $1.00 ask wall did not hold. The $1.00 wall, which peaked at 150,635 shares, was gone in under a second as 157,737 shares traded at $1.00, and the run went on to $1.12.
- After the top, the next push stopped lower. $1.12 at 11:07 a.m., then $0.93 at 12:06 p.m.
- Most of the move was gone by the close. It closed at $0.74, 34% below the $1.12 high.
Why it ran
News and SEC filings for NCPL published between the previous session's close and the first minute NCPL traded 20% above it, at 7:19 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap, run and fade. It gapped up 22.2% to 0.6870 at the open, ran from the open to the high of 1.12 in 97 minutes, then gave back 89% of that move by 4:00 p.m., trading at 0.7354.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:19 a.m. | First trade 20% above the previous close of 0.5622 | |
| 8:44 a.m. | Pre-market high, 0.8461 | |
| 9:30 a.m. | The open: 0.6870, up 22.2% from the previous close | |
| 9:34 a.m. | Volume since 4:00 a.m. passes the whole float, 6.71 million shares | |
| 11:07 a.m. | High of the day to the close, 1.12 | |
| 11:11 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:16 a.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 0.7354, 34.3% below the high |
The shape is a fixed rule, not a judgement: gapped 10% or more at the open, ran 10% or more from the open to the high, and faded if it gave back 30% or more of that move by the close.
The day in numbers
- Volume, from the one-minute bars: 6.37 million shares before the 9:30 a.m. open (17%), 1.54 million in the first 30 minutes (4%), and 29.50 million in the rest of the day to 8 p.m. (79%).
- Float rotation, the volume since 4 a.m. against the float of 6.71 million shares: past it once at 9:34 a.m., twice at 10:20 a.m., three times at 11:07 a.m.
- The halt at 11:11 a.m.: down 18.3% in the 5 minutes into it, reopened at 0.8897, unchanged from the last trade before it, then down 12.7% over the next 5 minutes.
- Other days NCPL met the small-cap rule in our recaps: 9, the latest on October 9, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 11:11 a.m. | 11:16 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
On this date the LULD plan ran under Amendment 18, in force from February 24, 2020: no band doubling at the open, and the closing doubling only for Tier 1 stocks and Tier 2 stocks whose previous close was at or below three dollars. See LULD halts or work out a band with the LULD calculator.
Trade this day
Replay NCPL on September 18, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.