Key Highlights

  • Cheetah Net Supply Chain Service (NASDAQ:CTNT) shows an RSI of 12.43, a quote of USD 2.04 and a daily decline of 3.32% on the screen used here. All three are unverified screener figures.
  • Published market data on October 26, 2026 showed USD 2.18, a Market Capitalisation of about USD 3.12 million and trailing twelve-month Revenue of USD 1.42 million with a net loss of USD 2.93 million.
  • A group called Takeover Time 2026 is running a consent solicitation to replace the board, and the company acknowledged a revised solicitation on October 15, 2026. Proxy statements were filed on October 1, 16 and 20.
  • The company reportedly agreed on September 15, 2026 to buy JoyPak Supply for about USD 788,000, and trading was halted pending news in late September 2026. The next Earnings date was estimated for November 6, 2026.

What Is Going On at the Company

Cheetah Net Supply Chain Service (NASDAQ:CTNT) provides freight forwarding, customs clearance, Warehousing and trucking services and has about 13 employees. It listed in August 2023. In October 2026 a Shareholder group called Takeover Time 2026 launched a solicitation to replace the board, citing capital raises, related lending and reverse splits. The company acknowledged the revised solicitation on October 15, 2026 and has filed several proxy statements since. Published market data lists a 52-week high above USD 63,000, which reflects repeated reverse splits and not a real price. The screen EPS of about negative USD 22,301.82 is similarly split-distorted and unverified. Earlier in 2026 the company agreed to buy Super International Trading Limited on April 16, 2026, and reported fiscal 2025 results on March 20, 2026.

What an RSI of 12.43 Can and Cannot Say

The relative strength index averages gains and losses over 14 sessions and scales them from 0 to 100, with readings below 30 labelled oversold. Serial reverse splits mechanically push a quote up, and shares then often slide as new supply arrives, which produces the sawtooth chart that pushes RSI low. A contested board adds uncertainty about financing and strategy, which weighs on bids. The RSI cannot tell us whether the dissidents or the board are right. It only shows that sellers have dominated for two weeks. The oversold label here is a statement of price action, not a judgement on who should control the board.

Risks and What to Watch

The company has a market capitalisation near USD 3 million, so a small number of trades can move the price, spreads can be wide and quoted moves can reverse. The 52-week low of about USD 2.12 sits almost on top of the screen quote of USD 2.04. Acquisitions such as JoyPak, reported at about USD 788,000, are tiny and details were not verified. Watch the outcome of the consent solicitation, further proxy filings, any Nasdaq compliance notices and the earnings date estimated for November 6, 2026. Any investor should read the proxy materials from both sides, since each describes the other in unfavorable terms.

Where Things Stand

The board fight is a plausible weight on Cheetah Net, but nothing confirms it as the cause of the fall, and an RSI of 12.43 could equally reflect the pattern that follows reverse splits. The facts that matter are a market capitalisation near USD 3 million, trailing revenue of USD 1.42 million, and a contest to replace the board that is still open. The oversold reading shows heavy selling, not value. The nearest dated event is the earnings report estimated for November 6, 2026, and the consent solicitation outcome follows.