Hindsight Markets Recaps Small-cap stocks on August 28, 2026
NCPL, August 28: a 6:05 headline, $1.04, and a wall at $0.67
NCPL opened near its previous close after an 8-K, then ran to $1.04 during the session.
News via Stock News API
What happened
Draft for review. Not published.
Bad news, then a run
The 6:05 a.m. news of a late annual report did not lift it. It opened at $0.59.
After 10:19 it ran hard from $0.64. About 1.39M shares traded in the 10:22 minute.
Stop It's 10:23. NCPL is at $0.93, up from $0.64 at 10:19. A large ask wall has been building at $1.10. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:20 a.m. and stop at 10:23 a.m. ET for your call.
The $1.10 wall was pulled at 10:23:17, right after a 95K-share sell sweep. It reached $1.04 in the 10:30 minute.
The wall at $0.67
Later it slipped into a range of roughly $0.64 to $0.74. By 3:06 p.m. an 84K-share ask wall sat at $0.67.
Stop It's 3:07. NCPL is at $0.6691. Just above, a big ask wall at $0.67 held about 84,000 shares at its peak a minute ago. Would you buy here?
Press play: the real Level 2, tape and chart run from 3:04 p.m. and stop at 3:07 p.m. ET for your call.
This wall was eaten, not pulled. From 3:08:27, 45K shares traded at $0.67 in under a second.
It closed at $0.70, 33% under the high.
What to take from it: A wall can end by being pulled or by being bought out; this day had one of each.
Replay NCPL's day
It starts at 10:04 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:07 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
Intraday run. It opened up 9.9% at $0.5919, then ran from the open to the high of $1.04 in 60 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:06 a.m. | Pre-market high, $0.6347 | |
| 6:05 a.m. | News (GlobeNewsWire): Netcapital Inc. Announces Receipt of Nasdaq Notification Regarding Delayed Annual Report on Form 10-K | |
| 6:05 a.m. | SEC filing 8-K: 8-K | |
| 9:30 a.m. | The open: $0.5919, up 9.9% from the previous close | |
| 10:13 a.m. | First trade 20% above the previous close of $0.5386 | |
| 10:23 a.m. | Volume since 4:00 a.m. passes the whole float, 6.71 million shares | |
| 10:30 a.m. | High of the day to the close, $1.04 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.6984, 32.8% 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
- $0.5386
- Open, 9:30 a.m.
- $0.5919
- Gap at the open
- +9.9%
- Pre-market high
- $0.6347 at 4:06 a.m.
- High, 4 a.m. to 4 p.m.
- $1.04 at 10:30 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.5253
- Close, 4 p.m.
- $0.6984
- Change at 4 p.m.
- +29.7%
- After-hours high, 4 p.m. to 8 p.m.
- $0.75 at 5:28 p.m.
- Volume, 4 a.m. to 4 p.m.
- 28.68 million
- Volume after hours, 4 p.m. to 8 p.m.
- 872,190
- Relative volume by 8 p.m.
- 2.6×
- Float
- 6.71 million shares, from filings as of August 28, 2026
- Shares outstanding
- 7.85 million
- From news to the move: the first trade 20% above the previous close came 4 hours 7 minutes after the latest SEC filing before it (8-K, 6:05 a.m.).
- Volume, from the one-minute bars: 1.97 million shares before the 9:30 a.m. open (7%), 629,230 in the first 30 minutes (2%), and 26.95 million in the rest of the day to 8 p.m. (91%).
- Float rotation, the volume since 4 a.m. against the float of 6.71 million shares: past it once at 10:23 a.m., twice at 10:31 a.m., three times at 11:25 a.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 August 28, 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.