SIGA Technologies Inc

The chart shows a well-defined downtrend with consistent lower highs and lower lows under declining EMAs and SMAs. The active Lower Highs & Lower Lows pattern signals supply dominance and high continuation risk. Medium-term bias is Bearish, as price remains below key moving averages with no mean-reversion setup. In the short term, the recent rally into declining EMAs failed, providing a favorable sell signal at resistance. Execution now at the EMAs resistance zone aligns with the bearish structure.

• ↑$146M cash balance and no debt underpin operational flexibility
• ↑Secured $13M oral TPOXX order abroad, targeting more international deals
• ↓Q2 2025 revenue of $79M vs Q1 2026 forecast of $13M underscores lumpiness