Jemy Finance Market Research Team At Jemy Trade Article
Date: August 24, 2025
As a cornerstone of the Qatari financial landscape and a regional banking giant, Qatar National Bank (QNB) has long been a symbol of stability and growth. However, a recent analysis by Jemy Trade’s experts has put forth a provocative and bearish outlook for the stock’s future trajectory. While the market has seen periods of consolidation for QNB, a new forecast suggests that a significant and prolonged downtrend may be on the horizon. The key question now for investors is whether this negative projection can hold up against the bank’s solid fundamental story.
The analysis is based on a detailed Elliott Wave count of the stock’s weekly chart, which suggests that QNB may have recently completed a complex multi-year upward cycle. According to the team’s projection, this cycle is now giving way to a new, bearish corrective phase. The forecast charts a potential downward path for the stock, indicating a prolonged decline over the next few years. This negative view remains in place as long as the price action adheres to the projected path, and it suggests a major shift in the stock’s long-term trend.
From a fundamental perspective, the bearish forecast for QNB might appear counterintuitive. The bank has consistently delivered strong financial results, backed by its leading market position in Qatar and a robust international expansion strategy. Recent earnings reports have shown a steady increase in net profit and assets, which firmly establishes QNB as a profitable and well-managed institution. This strong fundamental backdrop makes a potential long-term price decline difficult for some investors to reconcile.
However, a closer look at the broader economic context reveals potential headwinds that could support the bearish technical view. While QNB’s profits remain high, concerns about slowing growth in certain real estate and lending sectors in the region could eventually weigh on the bank’s future performance. Furthermore, the increasing competition from other financial institutions and the potential for a global economic slowdown could place pressure on QNB’s international operations. These factors, though not immediate threats, could provide the fundamental justification for a long-term corrective phase.
It is crucial to remember that this remains a projection, and as with all forecasts, it holds the possibility of being right or wrong. Jemy’s experts are presenting this as a potential scenario, guided by a sophisticated technical analysis that points to a strong likelihood of a major price correction. The view remains negative, and only the price action in the coming months will be able to either validate this bearish outlook or prove it to be incorrect. The market will be watching to see if QNB’s price can defy the projected technical path.
