Hindsight Markets Small-cap stocks on September 22, 2026
LHSW on September 22, 2026: why it ran
On September 22, 2026, LHSW opened up 191.9% from the previous close of 0.4317 and reached 1.56 at 9:18 a.m. ET. The exchange halted it once.
- Previous close
- 0.4317
- Open, 9:30 a.m.
- 1.26
- Gap at the open
- up 191.9%
- Pre-market high
- 1.56 at 9:18 a.m.
- High, 4 a.m. to 4 p.m.
- 1.56 at 9:18 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.4279
- After-hours high, 4 p.m. to 8 p.m.
- 0.9200 at 4:12 p.m.
- Last trade before 4:00 p.m.
- 0.8834
- Volume
- 146.51 million
- Relative volume
- 36.1x
- Float
- 9.97 million shares, from filings as of September 22, 2026
- Shares outstanding
- 13.49 million
Replay LHSW's day
It starts at 9:00 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:03 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: pre-market
- Catalyst: news at 8:00
- Round-number break
- Halted once
- Gap and fade
- Float traded 14x
Pre-market: quiet, then 8:00
LHSW closed the day before at $0.43. The first trade on the 22nd was at $0.43 at 4:04 a.m. For the next four hours almost nothing happened. No minute before 8:00 traded more than 1,448 shares, and the price stayed between $0.43 and $0.44.
At 8:00 a.m. GlobeNewsWire ran: “Lianhe Sowell International Group Ltd. Signs Strategic Cooperation Agreement with Subsidiary of Chery Group Holding Company to Advance Intelligent Equipment in China's Automotive Aftermarket”. In the 8:00 minute, 330,490 shares traded. The next minute, 1.04 million.
The 8:01 minute ran between $0.48 and $0.63, a swing of roughly 23% of the high. Then it started to climb again.
By 8:16 a.m., more shares had traded than exist in the whole float (9.97 million). The pre-market low was $0.43 at 7:20, so the stock had already gone from a sleepy $0.43 to the $0.60s inside the first 16 minutes after the headline.
The wall at $0.98
The stock worked up to about $0.95 by 9 a.m. From 9:02 a.m. on, a lot of stock was offered at exactly $0.98. The wall grew to 202,409 shares at 9:06 a.m., about 2% of the float.
Stop It's 9:07. LHSW is at $0.94. Just above, a wall of ask orders sits at $0.98. It showed over 200,000 shares at 9:06. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:07 a.m. ET for your call, then show what happened. The clip starts at 9:04 a.m. ET.
At 9:07:48 buyers started hitting the wall at $0.98. In 1.8 seconds, 136,848 shares traded at exactly $0.98 and the wall was gone. It wasn't pulled. Buyers ate it.
At 9:10 it traded through $1.00 for the first time. The 9:11 minute ran to $1.31 on 2.0 million shares.
$1.56 before the bell
It held around $1.22 to $1.30 for a few minutes. At 9:16 it pushed again, and one buy order of 180,806 shares swept from $1.29 to $1.35 across 7 price levels.
The high so far came at 9:18 a.m.: $1.56, before the bell. From $0.58 at 8:16 that was a run of about $1.00 in 62 minutes. Within three minutes it was back at $1.21. 67.71 million shares traded before the bell.
It came back once more. At 9:22 a.m. it pushed to $1.54, a lower high under the $1.56 top. That 9:22 minute was the heaviest of the day, 3.89 million shares, and it closed at $1.28.
The open and one halt
It opened at $1.26, up 192% from the previous close and below the pre-market high. At 9:31 an ask wall appeared at $1.12. By 9:32:00 it had grown to 827,853 shares, 8.3% of the float, and the price dropped to $1.12.
At 9:32 a.m. it was halted (a volatility pause) with the last trade at $1.12. The wall was pulled at 9:33:55, while the stock was still halted. It reopened at 9:37 a.m. at $1.11.
Stop It's 9:37. LHSW is reopening after a five-minute halt. The last trade before the halt was $1.12. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:37 a.m. ET for your call, then show what happened. The clip starts at 9:34 a.m. ET.
At 9:37:00 a single print of 341,357 shares went through at $1.05, below the reopen price. The 9:37 minute ended at $1.02.
The rest of the day
A sell order of 156,356 shares swept through 30 price levels at 9:40, and the stock touched $0.90. It fell to $0.70 at 11:25, the low after the open.
At 11:40 it spiked back to $0.98 on 1.65 million shares. It reached $1.06 at 12:02. After that it slid, and from about 12:36 it spent the afternoon mostly between about $0.77 and $0.93.
It closed at $0.88, 43% under the $1.56 high of the day. The $1.56 high was 24% above the $1.26 opening price.
By the close, 143.72 million shares had traded counting pre-market, about 14 times the float, at 36 times its normal volume.
After hours it traded on another 2.79 million shares. The high was $0.92 at 4:12 p.m., and by 6:06 p.m. it was down to about $0.72.
What to take from it
- A big ask wall at a round number can fall in seconds. Here, 136,848 shares traded at $0.98 in 1.8 seconds, and the stock was through $1.00 within three minutes.
- After the top, the next push stopped lower. $1.56 at 9:18 a.m., then $1.54 at 9:22 a.m.
- The close was far below the high. The stock closed at $0.88, 43% below the $1.56 high, and the high came before the regular session even started.
Why it ran
News and SEC filings for LHSW published between the previous session's close and the first minute LHSW traded 20% above it, at 8:00 a.m. ET, newest first, from the same feeds the replay shows.
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Lianhe Sowell International Group Ltd. Signs Strategic Cooperation Agreement with Subsidiary of Chery Group Holding Company to Advance Intelligent Equipment in China's Automotive Aftermarket
News via Stock News API
How it traded
Gap and fade. It gapped up 191.9% to 1.26 at the open and traded below the open by 4:00 p.m., at 0.8834.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:00 a.m. | News (GlobeNewsWire): Lianhe Sowell International Group Ltd. Signs Strategic Cooperation Agreement with Subsidiary of Chery Group Holding Company to Advance Intelligent Equipment in China's Automotive Aftermarket | |
| 8:00 a.m. | First trade 20% above the previous close of 0.4317 | |
| 8:16 a.m. | Volume since 4:00 a.m. passes the whole float, 9.97 million shares | |
| 9:18 a.m. | Pre-market high, 1.56 | |
| 9:18 a.m. | High of the day to the close, 1.56 | |
| 9:30 a.m. | The open: 1.26, up 191.9% from the previous close | |
| 9:32 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:37 a.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 0.8834, 43.4% 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
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest news item before it (GlobeNewsWire, 8:00 a.m.).
- Volume, from the one-minute bars: 67.71 million shares before the 9:30 a.m. open (46%), 14.65 million in the first 30 minutes (10%), and 64.15 million in the rest of the day to 8 p.m. (44%).
- Float rotation, the volume since 4 a.m. against the float of 9.97 million shares: past it once at 8:16 a.m., twice at 8:32 a.m., three times at 8:50 a.m.
- The halt at 9:32 a.m.: down 12.5% in the 5 minutes into it, reopened at 1.11, down 0.9% from the last trade before it, then down 8.1% over the next 5 minutes.
- Other days LHSW met the small-cap rule in our recaps: 2, the latest on September 2, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:32 a.m. | 9:37 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 LHSW on September 22, 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.