BUY National Shipping Company of Saudi Arabia (TADAWUL: 4030)
Tadawul 4030 : National Shipping Company of Saudi Arabia - STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 28.6 – 29 |
Target | 30.3 – 30.5 |
StopLoss* | below 27.8 |
Duration | 12-14 Trading Days |
Potential Returns | 5% – 6% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 28.6 – 29 | 30.3 – 30.5 | below 27.8 | 12-14 Trading Days | 5% – 6% |
* Once the first target hit, reset the StopLoss at your buying price.
Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview. Be assured such records are permanent and irreversible.
Tadawul 4030 : National Shipping Company of Saudi Arabia - STOCK OVERVIEW
The National Shipping Company of Saudi Arabia, founded in 1978, operates vessels for cargo transportation in the Kingdom of Saudi Arabia. It operates in four segments: Oil, Chemicals, Logistics, and Dry Bulk. The company provides technical ship management and logistics services, agency activities for maritime shipping companies, cargo clearance, and other marine transport activities. As of December 31, 2023, the company’s fleet consisted of 88 owned vessels and 10 under lease contract vessels, including 38 large crude-oil carriers, 36 tankers in the spot market, 6 tankers under charter agreements, 6 RoCon vessels for logistics, and 11 vessels for dry bulk transportation.
Stock Data | |
TADAWUL Code | 4030 |
Sectoral Index | Energy |
52 Weeks High | 30.3 |
52 Weeks Low | 21.36 |
Tadawul 4030 : National Shipping Company of Saudi Arabia - RELATIVE STRENGTH

Relative Performance - Last 1 Year
National Shipping Company of Saudi Arabia — TASI —
Tadawul 4030 : National Shipping Company of Saudi Arabia - TECHNICAL ANALYSIS (DAILY)

- Once the stock broke below the wedge pattern, it entered a phase of consolidation and developed a Symmetrical Triangle.
- After a significant surge in price, it experienced a sharp upward movement.
- Subsequently, the stock went through another consolidation phase before evolving into a broadening pattern.
- Recently, following a breakout, the stock has maintained its position above the breakout level and is in a current consolidation phase.
- There is a strong belief that the price could initiate an upward rally from this level.
Tadawul 4030 : National Shipping Company of Saudi Arabia - RSI

- Current RSI of this stock is 60.81, which indicates the strength of buyers.
Tadawul 4030 : National Shipping Company of Saudi Arabia - ADX & DI

- Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Tadawul 4030 : National Shipping Company of Saudi Arabia - EMA Cross

- The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
CONCLUSION - Tadawul 4030 : National Shipping Company of Saudi Arabia STOCK PRICE FORECAST
Based on our stock trading advice in Saudi Arabia, National Shipping Company of Saudi Arabia stock price target will be SAR 30.3 – SAR 30.5 in the next 12-14 trading sessions.