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Trading the Levels › LALT › Levels › Initial balance

LALT Initial Balance (First-Hour High and Low)

Updated Nov 6, 2026, 4:36 AM ET · Initial balance = 9:30–10:30 AM ET
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On Nov 5 LALT's initial balance (first hour) was $24.37 – $24.59, a range of $0.22. The first 5-minute close outside it came at 12:40 PM ET, below the range.
Best for: intradayHold: same dayPrice $24.40 · 15-min delayed
IB high24.59
IB low24.37
IB range$0.22
Price (15-min delayed)24.40

LALT 5-minute chart, Nov 5: initial balance

FIRST HOUR 9:30–10:3024.424.524.610a12p24.59IB high 24.5924.37IB low 24.3724.39
- - - IB high- - - IB lowShaded = first hour

Where LALT sits in its zone

The delayed price $24.40 is at the top 25% of its daily zone ($23.89 – $24.40).

23.89 · bottom 25%middletop 25% · 24.40
  • Setups to watch: a reversal down from the zone top, or a breakout above it.
  • Prior move: LALT moved up from $17.40 (the last daily swing) to $24.40, about 39.3 ATR, so the move is extended. Traders often watch the reversal first here.
  • Reversal check: a shooting star or bearish engulfing candle near $24.40.
  • Latest daily candle (Nov 5): Three Black Crows (bearish).
  • Breakout check: RVOL above normal on the break (last day's RVOL: 0.9× on Nov 5). Next zone above: $24.66 – $24.83.
  • Zone tests: price pushed above the zone top 0 times and fell back, and dipped below the bottom and recovered 0 times. Each test can weaken a zone.
  • Distance: 2.83 ATR to the zone bottom, 0.00 ATR to the zone top (ATR ≈ 0.18).

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 10 sessions

  • LALT traded above its initial balance on 4 of 10 days and below it on 5; both sides on 1.
  • The average IB range was $0.14.
  • Gap: LALT opened Nov 5 at $24.59, a gap up of 0.4% from $24.49; the gap was filled.
  • Round numbers nearby: $20.00, $25.00, $30.00.

Combined conditions

  • The 30-minute opening range ($24.37–$24.59) sits inside the first hour. VWAP $24.43.
  • The delayed price is at the top 25% of the daily zone after an extended move: the reversal and breakout setups are both live.
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How to trade around LALT's initial balance levels

1. IB breakoutA 5-minute close above $24.59 after 10:30 AM with RVOL above normal is read as a trend day up; back inside cancels it.
2. IB breakdownA close under $24.37 with volume is the breakdown signal; a quick reclaim is a failed break that often rotates to the IB high.

For more setups and trading strategies, click here →

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LALT initial balance: last 10 sessions

DateIB highIB lowRangeDay went above?Day went below?
Nov 524.5924.37$0.22NoYes
Nov 424.6524.46$0.19NoYes
Nov 324.6724.54$0.14NoNo
Nov 224.8024.58$0.22NoYes
Oct 3024.9224.76$0.16NoYes
Oct 2924.9424.77$0.17NoNo
Oct 2824.9324.85$0.08YesNo
Oct 2724.8724.80$0.07YesYes
Oct 2624.8324.78$0.05YesNo
Oct 2324.8224.68$0.14YesNo

FAQ

What is LALT's initial balance today?

On Nov 5: high $24.59, low $24.37 (9:30–10:30 AM ET).

On SEPT: the initial balance draws on your chart at 10:30 AM automatically. Try it free →
What is the initial balance in trading?

The high and low of the first hour of regular trading, 9:30 to 10:30 AM ET.

On SEPT: combine the IB with VWAP and zones in one setup alert. Try it free →
How often does LALT break its initial balance?

In the last 10 sessions it went above the IB on 4 days and below it on 5 days.

On SEPT: test IB breakout odds on years of real data. Try it free →
What is the difference between the opening range and the initial balance?

The opening range is the first 5, 15 or 30 minutes; the initial balance is the full first hour.

On SEPT: both draw on the chart, so you can compare them live. Try it free →
What does a narrow initial balance mean?

Often a quiet first hour that leads to a bigger move later, as orders build up.

On SEPT: screen for stocks with a narrow IB and rising RVOL. Try it free →
What are the odds LALT trends beyond its IB?

Odds depend on the IB width, the gap, the trend and RVOL.

On SEPT: test the odds and find the conditions that improve them. Try it free →
Where is LALT in its zone now?

At the top 25% of the daily zone ($23.89 – $24.40), based on the delayed price.

On SEPT: see LALT's zone position live and let GOAX alert you at the zone edge. Try it free →

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.