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Cheetah Net Supply Chain Service Inc’s latest rating changes from various analysts

Cheetah Net Supply Chain Service Inc’s filing revealed that its 10% Owner Tang Xiaolin unloaded Company’s shares for reported $1.59 million on May 23 ’24. In the deal valued at $1.06 per share,1,500,000 shares were sold. As a result of this transaction, Tang Xiaolin now holds 0 shares worth roughly $0.0.

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Then, Xiao Yan sold 1,500,000 shares, generating $4,365,000 in total proceeds. Upon selling the shares at $2.91, the 10% Owner now owns 0 shares.

Before that, Yuan Ying-Chang sold 1,200,000 shares. Cheetah Net Supply Chain Service Inc shares valued at $3,036,000 were divested by the 10% Owner at a price of $2.53 per share. As a result of the transaction, Yuan Ying-Chang now holds 0 shares, worth roughly $0.0.

Price Performance Review of CTNT

On Monday, Cheetah Net Supply Chain Service Inc [NASDAQ:CTNT] saw its stock jump 3.71% to $0.23. Over the last five days, the stock has lost -0.60%. Cheetah Net Supply Chain Service Inc shares have fallen nearly -82.16% since the year began. Nevertheless, the stocks have fallen -92.03% over the past one year. While a 52-week high of $14.76 was reached on 05/20/24, a 52-week low of $0.20 was recorded on 08/05/24. SMA at 50 days reached $0.4470, while 200 days put it at $1.4215. A total of 0.92 million shares were traded, compared to the trading of 0.61 million shares in the previous session.

Levels Of Support And Resistance For CTNT Stock

The 24-hour chart illustrates a support level at 0.2237, which if violated will result in even more drops to 0.2154. On the upside, there is a resistance level at 0.2365. A further resistance level may holdings at 0.2410. The Relative Strength Index (RSI) on the 14-day chart is 37.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0444, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.90%. Stochastics%K at 8.36% indicates the stock is a buying.

How much short interest is there in Cheetah Net Supply Chain Service Inc?

A steep rise in short interest was recorded in Cheetah Net Supply Chain Service Inc stocks on , dropping by -0.21 million shares to a total of 0.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-14 was 0.77 million shares. There was a decline of -37.13%, which implies that there is a negative sentiment for the stock.

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