Caesars Entertainment, Inc. Price Analysis Powered by AI

CZR Coiled Below $25: Buy the Dip, Ride the Break

Executive summary and 24-hour bias

Bias: Mildly bullish for the next 24 hours with a buy-the-dip preference. Expect an early pullback toward 24.5–24.6, followed by a push to test and potentially pierce 25.0–25.3. Break-and-hold above 25.05 could extend toward 25.3–25.5; failure to clear 25 may induce a range day between 24.4–24.9.

Trend context: After an October capitulation (18.64–18.73 lows on Oct 29–30) and a base in the 19–21 zone, CZR has printed higher highs and higher lows from late November through December. Recent highs: 25.02 (Dec 22). Pullback was shallow (24.44 on Dec 23), then buyers quickly reclaimed 24.5–24.8 into Dec 26 close at 24.79.
Structure: Clear uptrend on the daily timeframe with a constructive micro pullback already bought. Price now sits just below psychological and technical resistance at 25.00.
Support/resistance (nearest): • Support: 24.40–24.50 (Dec 23–24 shelf), then 24.00, 23.75–23.90, 23.27–23.52, 22.94. • Resistance: 25.00–25.10 (recent swing high region), then 25.75–26.00, 26.34, 27.00, 27.87.

5D SMA ≈ 24.63; 10D SMA ≈ 24.33; 20D SMA ≈ 23.86; 50D SMA ≈ 22.03.
Bullish alignment: Price (24.79) > 5D > 10D > 20D > 50D. This stacked order confirms an established short-term uptrend with improving intermediate trend.

RSI(14) ≈ 65: Positive momentum, not extreme. There is room to press into/above 25 without mandatory mean reversion.
Stochastics (~%K ≈ 87): In the upper zone, consistent with trend continuation. Overbought in trends often marks strength, not a short signal.
MACD (12,26,9): With price above rising short and intermediate MAs, MACD likely positive and above signal. Momentum breadth favors continuation into 25+ on pushes.

Bollinger Bands (20,2): Mid ≈ 23.86; Upper ≈ ~25.05; Lower ≈ ~22.66. Price is near the upper band, typical of steady advances. A tag/brief pierce of the upper band near 25.05–25.10 is probable.
Keltner Channel (approx, 20 EMA ±1.5 ATR): Upper channel around ~24.9–25.0. Riding or marginally exceeding the upper channel in a trend is constructive.
ATR(14) ≈ 0.70–0.75: 1-day expected move roughly ±0.7. From 24.79, statistical envelope suggests 24.1–25.5 as reasonable extremes for the next session.

ADX(14) estimated low-20s: Trend strengthening but not overextended; supports a buy-the-dip stance.

OBV/accumulation: From the October flush to late December, price rises were supported by solid up-day volume sequences (notwithstanding holiday-light volumes). The pathway from 23 to 25 was not on distribution; recent pullbacks were on lighter volume, suggesting dip buying persists.

Price above Tenkan (≈ 24.15) and Kijun (≈ 21.8–22.0) and above the cloud; Senkou Span A > Span B. Bullish state across the system. Pullbacks to the Tenkan zone (≈ 24.1–24.3) would be strong-buy areas; nearer-term support sits higher (24.4–24.5), consistent with bullish momentum.

Pivot P ≈ 24.66; R1 ≈ 24.94; S1 ≈ 24.52; R2 ≈ 25.08; S2 ≈ 24.24; R3 ≈ 25.36; S3 ≈ 24.10.
Confluence: • S1 ≈ 24.52 aligns with the 24.40–24.50 price shelf and an ideal dip-buy zone. • R2 ≈ 25.08 coincides with the Bollinger upper band (~25.05). R3 ≈ 25.36 is a realistic stretch target if momentum breaks above 25.05 and runs stops.

From the Oct 29 low (≈ 18.64) to the Dec 22 high (≈ 25.02), the pullback to 24.44 retraced far less than 23.6%—a shallow retracement that typically precedes another attempt higher. Next fib extension cluster sits in the 25.3–25.7 zone, which aligns with R3 and prior supply overhang below 26.

Wave 1: 18.6 → ~21.3; Wave 2: to ~20.9; Wave 3: to ~25.0; Wave 4: shallow to ~24.4; Anticipated Wave 5: 25.3–25.7. This map supports a near-term probe above 25.

Anchored VWAP from the Oct earnings gap flush likely resides in the low-22s. Price is comfortably above it, implying the majority from that event are in profit—less supply pressure from trapped longs.
Volume-by-price suggests high-volume nodes around 22–23 (strong support), with a lighter volume pocket from ~24.9 to ~25.5. If 25.05 breaks, a swift move through this pocket is plausible.

Dec 22 strong expansion candle, Dec 23 pullback, followed by stabilization and grind higher into Dec 26. No material reversal pattern at the highs; sellers have not printed a convincing bearish engulfing or shooting star at 25.

Base case (≈60%): Early dip to 24.5–24.6 (S1/price shelf), buyers step in; push to 25.05–25.15; if 25.05 holds on a 30–60 min basis, extension toward 25.30–25.40 is likely. Close in the 25.05–25.35 band.
Secondary (≈30%): Fail to break 25.00; range day 24.45–24.95; net unchanged to slightly higher close around 24.8–24.95.
Risk case (≈10%): Break below 24.40; slide to 24.24 (S2) and potentially 24.10 (S3). Given trend and recent demand, odds of a persistent breakdown appear lower absent new negative catalysts.

Bullish trend stack (SMA alignment, price above cloud, MACD positive), RSI <70 (runway remains), shallow recent retrace, strong pivot confluence at 24.5x support, and a light-volume pocket above 25 all argue for buying a controlled dip and targeting a test/brief overshoot of 25.3.

Trade plan (24-hour window)

Strategy: Buy-the-dip limit near S1/support for favorable R:R; target the R3/extension zone on a 25.05 break.
Entry (limit): 24.52 (acceptable band 24.50–24.56).
Take profit: 25.35 (accept partials 25.10–25.20 if momentum stalls at R2/upper band). If an immediate gap-and-go opens above 25.05, a momentum add-on could target 25.45–25.55, but the base plan remains the dip buy.
Risk management (informational): A protective stop (not required to place here) would commonly sit below 24.24 (S2) or tighter below 24.40 depending on tolerance, maintaining ≥1.8:1 R:R relative to a 25.35 target.

Bottom line

The preponderance of evidence supports a tactical long: buy the 24.5x dip and aim for a 25.3–25.4 push within the next session. A sustained move/hold above 25.05 is the trigger for the higher end of that target range.