On Oct 21 ATII's initial balance (first hour) was $7.02 – $7.62, a range of $0.60. The first 5-minute close outside it came at 1:15 PM ET, above the range.
Best for: intradayHold: same dayPrice $10.11 · 15-min delayed
IB high7.62
IB low7.02
IB range$0.60
Price (15-min delayed)10.11
ATII 5-minute chart, Oct 21: initial balance
- - - IB high- - - IB lowShaded = first hour
Where ATII sits in its zone
The delayed price $10.11 is below its daily zone ($10.51 – $10.61), 0.53 ATR under the bottom.
10.51 · bottom 25%middletop 25% · 10.61
Setups to watch: the zone broke. Watch for a reclaim back into the zone (false breakdown) or a continuation lower.
Prior move: ATII moved up from $7.59 (the last daily swing) to $10.11, about 3.4 ATR, so the move is extended. Traders often watch the reversal first here.
Reversal check: a hammer or bullish engulfing candle near $10.51.
Latest daily candle (Oct 21): Bullish Three Line Strike (bullish).
Breakout check: RVOL above normal on the break (last day's RVOL: 0.5× on Oct 21).
Zone tests: price pushed above the zone top 2 times and fell back, and dipped below the bottom and recovered 1 time. Each test can weaken a zone.
Why initial balance matters
The initial balance is the range set in the first hour, when the most orders hit the market. How the rest of the day treats it tells traders whether it is a range day (price stays inside) or a trend day (price extends far outside).
How traders use it
A break and hold above the IB high is read as a trend day up; below the IB low, down.
A narrow initial balance often leads to a bigger move later in the day.
A break that fails and returns inside often rotates to the other side of the range.
What happened over the last 1 sessions
ATII traded above its initial balance on 1 of 1 days and below it on 0; both sides on 0.
The average IB range was $0.60.
Gap: ATII opened Oct 21 at $7.10, a gap down of 1.0% from $7.17; the gap was filled.
Round numbers nearby: $9.00, $10.00, $11.00.
Combined conditions
The 30-minute opening range ($7.02–$7.47) sits inside the first hour. VWAP $8.90.
The delayed price is below the daily zone: watch for a reclaim or a continuation lower.
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How to trade around ATII's initial balance levels
1. IB breakoutA 5-minute close above $7.62 after 10:30 AM with RVOL above normal is read as a trend day up; back inside cancels it.
2. IB breakdownA close under $7.02 with volume is the breakdown signal; a quick reclaim is a failed break that often rotates to the IB high.
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Data: SEPT market data engine. Delayed data; real-time levels are on the SEPT platform. Times in Eastern Time. Educational information only, not investment advice. No odds or win rates are shown on this page.