Hindsight Markets Beta

Hindsight Markets Recaps Small-cap stocks on October 15, 2026

NCPL, October 15: the $2.49 wall, a $2.39 top, and a $1.95 close

Published · By

NCPL opened up 25% after news, ran to $2.39, then gave back most of the run by the close.

News via Stock News API

NewsNewsNews$2.42$1.59$1.654 a.m.9:30noon4 p.m.8 p.m.
NCPL on October 15, 2026, one-minute bars, New York time. Bands: halts. Flags: the news or filing before the move. Dotted line: the previous close. Shaded: before the 9:30 a.m. open and after the 4:00 p.m. close.

What happened

A wall above the price

A 79K-share ask wall appeared at $2.49 before the open. A second one came at $2.50 at 9:41. The stock stayed under both.

Stop It's 9:54. NCPL is at $2.17. An ask wall of about 78,700 shares has been sitting at $2.49 since 7:34 a.m., and a second one has appeared at $2.50. Would you buy here?

Press play: the real Level 2, tape and chart run from 9:51 a.m. and stop at 9:54 a.m. ET for your call.

The $2.49 wall was pulled at 9:54:53. The stock then ran to $2.39, the regular-session high, two minutes later.

By 10:29 it had sunk to $1.85, 23% lower.

A bid wall at $2.14

From 2:53 p.m. a bid wall grew at $2.14, past 121K shares.

Stop It's 3:05 p.m. NCPL is at $2.18. A bid wall at $2.14 has grown to over 121,000 shares since 2:53. Would you buy here?

Press play: the real Level 2, tape and chart run from 3:02 p.m. and stop at 3:05 p.m. ET for your call.

The wall was gone at 3:05:16, right after 5,713 shares traded at $2.14. That minute closed at $2.16.

The close

It slid late in the day and closed at $1.95, 18% under the high. After hours it reached $2.42, the day's top.

What to take from it: A wall that sat for hours was pulled, and the move came right after.

Replay NCPL's day

It starts at 9:40 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:43 a.m. and asks what you would do. Or press Play on any moment in How it traded.

The details

How it traded, step by step

Gap, run, gave some back. It gapped up 24.5% to $1.98 at the open, ran from the open to the high of $2.39 in 26 minutes, then gave back 107% of that move by 4:00 p.m., trading at $1.95, still above the open.

Time (ET)What happenedWatch it
Oct 14, 6:39 p.m.News (Newsfile Corp): ROSEN, A LEADING LAW FIRM, Encourages Netcapital Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - NCPL
Oct 14, 7:33 p.m.News (PRNewsWire): NCPL Investors Have Opportunity to Lead Netcapital Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
Oct 14, 7:42 p.m.News (Business Wire): Securities Fraud Investigation Into Netcapital Inc. (NCPL) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
4:00 a.m.First trade 20% above the previous close of $1.59
8:15 a.m.Pre-market high, $2.36
9:30 a.m.The open: $1.98, up 24.5% from the previous close
9:40 a.m.Volume since 4:00 a.m. passes the whole float, 6.71 million shares
9:56 a.m.High of the day to the close, $2.39
3:59 p.m.Last trade before the 4:00 p.m. close, $1.95, 18.4% below the high

The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.

The day in numbers
Previous close
$1.59
Open, 9:30 a.m.
$1.98
Gap at the open
+24.5%
Pre-market high
$2.36 at 8:15 a.m.
High, 4 a.m. to 4 p.m.
$2.39 at 9:56 a.m.
Low, 4 a.m. to 4 p.m.
$1.65
Close, 4 p.m.
$1.95
Change at 4 p.m.
+22.6%
After-hours high, 4 p.m. to 8 p.m.
$2.42 at 5:23 p.m.
Volume, 4 a.m. to 4 p.m.
13.88 million
Volume after hours, 4 p.m. to 8 p.m.
1.29 million
Relative volume by 8 p.m.
1.7×
Float
6.71 million shares, from filings as of October 15, 2026
Shares outstanding
7.85 million
  • From news to the move: the first trade 20% above the previous close came 8 hours 18 minutes after the latest news item before it (Business Wire, Oct 14, 7:42 p.m.).
  • Volume, from the one-minute bars: 6.13 million shares before the 9:30 a.m. open (40%), 2.12 million in the first 30 minutes (14%), and 6.93 million in the rest of the day to 8 p.m. (46%).
  • Float rotation, the volume since 4 a.m. against the float of 6.71 million shares: past it once at 9:40 a.m., twice at 3:43 p.m.
  • Other days NCPL met the small-cap rule in our recaps: 18, the latest on October 30, 2026.

On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).

Halts (none)

The exchange's halt feed shows no halts for NCPL that day.

Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).

How we read the data, name a day's shape and pick the stocks: methodology.

Trade this day

Replay NCPL on October 15, 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.

Trade this day Log in