Hindsight Markets Small-cap stocks on October 7, 2026
NCPL on October 7, 2026: why it ran
On October 7, 2026, NCPL opened up 25.7% from the previous close of 1.09 and reached 1.73 at 2:44 p.m. ET. The exchange did not halt it.
- Previous close
- 1.09
- Open, 9:30 a.m.
- 1.37
- Gap at the open
- up 25.7%
- Pre-market high
- 1.44 at 7:06 a.m.
- High, 4 a.m. to 4 p.m.
- 1.73 at 2:44 p.m.
- Low, 4 a.m. to 4 p.m.
- 1.25
- After-hours high, 4 p.m. to 8 p.m.
- 1.85 at 4:32 p.m.
- Last trade before 4:00 p.m.
- 1.59
- Volume
- 4.10 million
- Relative volume
- 0.6x
- Float
- 6.71 million shares, from filings as of October 7, 2026
- Shares outstanding
- 7.85 million
- Halts
- none in the halt feed
Replay NCPL's day
It starts at 2:10 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 2:13 p.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: the afternoon
- Gap up
- Bid wall broken
- No halts
- Afternoon run, then fade
- After-hours high
The day before
NCPL closed officially at $1.09 on October 6. During that session it ranged from just under $1.09 to $1.53.
At 2:11 p.m. a headline went out: a law firm was asking investors who had suffered losses in the stock to contact it. Trading after the official close ran higher, with the last bar of the day at $1.52.
Pre-market: $1.38 to $1.44, then down to $1.25
The first trades on the 7th were at $1.38, already above the $1.09 close. It slipped to $1.29 by 4:02 a.m. and mostly sat between $1.30 and $1.37 for the next three hours.
At 7:06 a.m. it ran to the pre-market high, $1.44, on 23,528 shares in that minute. It faded from there. Around 8:15 a.m. it was down to $1.25, the low so far. Then it rebuilt toward $1.37. 528,510 shares traded before the bell.
The open
It opened at $1.37, up 26% from the previous close. The 9:31 minute spiked to $1.43 on 75,983 shares. By 9:34 it was $1.45 on a big print, and by 9:35 it was back to $1.38.
The bids at $1.35 to $1.37
This is the part a chart doesn't show you.
From 9:25 a.m. on, bids for a lot of stock sat at exactly $1.36. It peaked at 51,123 shares at 9:29. More bids stacked up around it. At $1.35 the size peaked at 43,486 shares at 9:38. At $1.37 it peaked at 52,142 shares at 9:50. Each was about 0.7% to 0.8% of the 6.7-million-share float. It looked like a floor.
Stop It's 9:56. NCPL is at $1.37. For the last 25 minutes bids of tens of thousands of shares have been stacked at $1.35, $1.36 and $1.37. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:56 a.m. ET for your call, then show what happened. The clip starts at 9:53 a.m. ET.
Here's what happened. At 9:56:54 a sell order swept 45,942 shares from $1.37 down to $1.34 across four levels. In under a second the last 19,237 shares traded at $1.36 and that bid was gone. Sellers hit it. The bids at $1.35 and $1.37 were gone at 9:56:55 too. The 9:56 minute low was just over $1.30, on 76,581 shares.
The low since the open was $1.30 at 10:03.
$1.34 to $1.72
From $1.34 at 10:22 it pushed to $1.43 at 10:25 and $1.44 at 10:41, and it spent most of the early afternoon near $1.39 to $1.42 on thin volume.
At 2:06 p.m. a buy order swept 40,450 shares from $1.42 to $1.44. One print in that minute was 19,446 shares. From there it climbed in steps: $1.55 at 2:17, then $1.63 at 2:26. At 2:28 it hit $1.72, up 28% from $1.34, with 150,391 shares in that minute.
It did not hold. At 2:29 it dropped to $1.56 as a sell order ran from $1.63 down to $1.60 and big prints went through at $1.59 and $1.57. A 29,589-share print at $1.63 had come at 2:28.
Back toward $1.70
It bounced back to $1.70 at 2:31 and $1.70 at 2:35. Then it dipped to $1.61 at 2:39.
Stop It's 2:43. NCPL is at $1.68, back up from $1.61 four minutes ago. The earlier push stopped at $1.72. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 2:43 p.m. ET for your call, then show what happened. The clip starts at 2:40 p.m. ET.
It ran again. At 2:44 it hit $1.73, the high of the regular session. In that same minute, at 2:44:08, a sell order ran from $1.69 to $1.65. Above, an ask wall at $1.75 appeared at 2:46, and one at $2.00 had appeared at 2:45. By 2:46 the stock was at $1.65.
The fade into the close
It drifted down to $1.56 by 2:49 and came back to $1.63 at 3:08. At 3:19 a sell order ran 48,214 shares from $1.60 to $1.52 across nine levels, on 87,452 shares in the minute.
From there it chopped around $1.55 and ended the regular session at $1.59. That is 46% above the previous close but 8% under the $1.73 high.
After hours: a higher high
After the bell it traded in a $1.55 to $1.65 range until 4:29 p.m. At 4:30 it started to climb. At 4:32 p.m. it hit $1.85, the high of the whole day, on 180,807 shares in that one minute. By 4:37 it was back at $1.68. It ended the last bar at 7:59 p.m. at $1.57. 957,948 shares traded after hours.
The day's volume was 4.10 million shares, about 0.6 times the float, and 0.62 times its normal volume. 2.61 million of that was the regular session.
What to take from it
- Stacked bids are not a floor. Three stacked bids that had peaked at 43,000 to 52,000 shares were gone by 9:56:55: one was eaten by a sell sweep and the other two were pulled.
- Chasing near a top costs more than the screen says. At 2:44 the screen showed $1.72 with 962 shares behind it, and 5,000 shares averaged $1.73.
- The regular-session high is not always the high of the day. Here $1.73 at 2:44 was beaten at 4:32 p.m. by $1.85 after hours.
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 4:00 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 25.7% to 1.37 at the open, ran from the open to the high of 1.73 in 314 minutes, then gave back 39% of that move by 4:00 p.m., trading at 1.59.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 1.09 | |
| 7:06 a.m. | Pre-market high, 1.44 | |
| 9:30 a.m. | The open: 1.37, up 25.7% from the previous close | |
| 2:44 p.m. | High of the day to the close, 1.73 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.59, 8.1% 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: 528,510 shares before the 9:30 a.m. open (13%), 514,625 in the first 30 minutes (13%), and 3.05 million in the rest of the day to 8 p.m. (75%).
- Other days NCPL met the small-cap rule in our recaps: 9, the latest on October 9, 2026.
Halts
The exchange's halt feed shows no halts for NCPL that day.
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 October 7, 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.