SIGA Technologies Inc

SIGA remains in a sustained Stage 4 Downtrend with active Lower Highs & Lower Lows pattern and price consistently trading below declining EMAs. Short-term rallies into the 9EMA/21EMA cluster and 20EMA fail, reinforcing supply dominance. Despite extreme oversold readings, there is no exhaustion signal, and selling momentum persists. Under a Speculative strategy, execution on the downside remains appropriate now.

• ↑$146M cash, no debt; declared $0.60/share special dividend confirms flexibility.
• ↑Secured $13M oral TPOXX order from Asia-Pacific govt; $26M orders deliverable 2026.
• ↓Revenue swings tied to irregular government contracts undermine predictability.