TradingView 'Timelines' Feature Lets You Understand A Stock's History, Visually

Key Points:

• TradingView is an analysis and data tool for financial markets. 
• The firm introduced a better way to track fundamental events.
• Investors will better understand market drivers, price imapcts.

TradingView, the largest online social networking and data analysis tool for financial markets, on Wednesday announced the launch of Timelines, a new way to communicate essential information about listed securities, via their share price charts.

What Happened: Founded in 2011, TradingView is one of the 300 largest websites in the world, powering over 40,000 other websites and providing social network as well as market analysis tools to over 10 million traders.

As part of its mission to help investors of all levels of experience gain better insight into companies, the Timelines feature identifies impactful moments in history and maps them to the company’s share price. Curated by the TradingView editorial team, users get more context when it comes to understanding how a company’s stock has traded around significant events.

“Traders need the best possible information to make smart decisions and, crucially, they need this information quickly,” said James Maddison, Chief Market Officer at TradingView. “One issue we’d identified was that pulling together all the data you need to make an informed choice about a stock can be very time consuming. You’d need to carry out detailed desktop research about company performance, study earnings reports and then cross reference it back to the company’s stock. In short, it can be a pretty big undertaking.”

Simply put, with Timelines, TradingView visually unpacks what factors affected the performance of securities in the past.

“Timelines is an industry first and one we believe will be of major benefits to traders and investors around the world, whatever their level of experience. Today we start with Tesla but we’ll be rolling out the feature to some of the biggest companies in the world over the coming months. We’re drawing straws on who does the timeline for IBM, though – there’s a lot of history to cover there.”

Why It Matters: Traders can expect to see Timelines for major public companies over the next year.

One example of a Timeline is TradingView’s take on over 120 events that impacted Tesla Inc’s TSLA stock over 10 years, below.

Screenshot of Timelines. Courtesy of TradingView.

Pierce Crosby, general manager of TradingView says that, until now, there was no easy way to understand why a company’s stock moved the way it did.

“Timelines changes this by letting you scan across years of a company’s history in the blink of an eye," he said. "You can quickly identify those moments that led to a plunge or a boom in a company’s share price and study stock movements relevant to your investing strategy. It’s a new, totally unique way of understanding what a company is and its performance over time."