Key Highlights

  • Cheetah Net Supply Chain Service (NASDAQ:CTNT) has an RSI of 12.43, a USD 2.04 quote and a 3.32% daily drop per the screen used here. Treat all three as unverified.
  • Market data released October 26, 2026 listed USD 2.18, a Market Capitalisation of roughly USD 3.12 million, and trailing Revenue of USD 1.42 million alongside a USD 2.93 million net loss.
  • A Shareholder faction named Takeover Time 2026 is pursuing a consent solicitation to install new directors, and the firm acknowledged an amended solicitation on October 15, 2026. Proxy filings went in on October 1, 16 and 20.
  • Reports indicate the company accepted a deal on September 15, 2026 to acquire JoyPak Supply for around USD 788,000, and its shares were paused for news in late September 2026. The upcoming Earnings date was projected for November 6, 2026.

What Is Happening at the Company

Cheetah Net Supply Chain Service (NASDAQ:CTNT) offers freight forwarding, customs brokerage, Warehousing and trucking, with roughly 13 staff. The shares began trading in August 2023. In October 2026 a shareholder faction known as Takeover Time 2026 started a push to replace the board, pointing to capital raises, related-party lending and reverse splits. The firm acknowledged the amended solicitation on October 15, 2026 and has since submitted several proxy filings. Market data displays a 52-week high above USD 63,000, a figure driven by repeated reverse splits rather than an actual trading level. The screen EPS of about negative USD 22,301.82 is similarly distorted by splits and unverified. Earlier in 2026 the company agreed on April 16, 2026 to acquire Super International Trading Limited, and it released fiscal 2025 results on March 20, 2026.

What the 12.43 RSI Does and Does Not Reveal

The relative strength index compares average gains and losses across 14 sessions and maps the result onto 0 to 100, with readings under 30 tagged as oversold. Repeated reverse splits mechanically lift a quote, after which shares frequently sag as new supply hits, producing the jagged chart that drags RSI down. A contested board injects doubt over financing and direction, and that doubt dampens bids. The RSI cannot reveal whether the dissident group or the incumbents are correct. It merely indicates that sellers have held the upper hand for two weeks. The oversold tag here describes price behaviour, not a verdict on who ought to run the board.

Risks and Points to Track

With a market capitalisation near USD 3 million, a few trades can nudge the price, spreads may be wide and quoted moves could reverse. The 52-week low of roughly USD 2.12 is nearly identical to the screen quote of USD 2.04. Deals like the JoyPak purchase, reported at around USD 788,000, are very small and their particulars remain unchecked. Keep an eye on how the consent solicitation ends, on more proxy filings, on any Nasdaq compliance letters and on the earnings date projected for November 6, 2026. Shareholders should review proxy materials from both camps, because each portrays the other unfavorably.

Where Things Stand

The boardroom contest may be dragging on Cheetah Net, yet nothing confirms it as the reason for the decline, and an RSI of 12.43 might just as easily mirror the aftermath of reverse splits. The key facts are a market capitalisation near USD 3 million, trailing revenue of USD 1.42 million and a still-open effort to replace the directors. The oversold reading points to heavy selling rather than value. The nearest dated event is the earnings release projected for November 6, 2026, with the solicitation result to come afterward.