Company attributes
Finviz is a provider of a finance tool for individual and institutional traders. The tool works to provide financial research, analysis, and visualization. Also known as a stock screener, Finviz is a web tool that allows users to create financial displays. These displays are intended to allow traders and investors to screen and find stocks based on set criteria, compare those stocks against others, and get an overview of the general market. Finviz provides users with advanced screeners, market maps, analysis, comparative tools, and charts.
The platform supports multiple types of filters and charts with real-time data on thousands of stocks to help traders identify potential opportunities and trends in the market. The base form of the Finviz platform is free, with paid features available in a premium tier. Premium features include backtesting alerts, real-time stock quotes, and advanced charting tools.
The Finviz main page gives a general overview of the market, splitting data into candlestick charts for the DOW, Nasdaq, and S&P 500 while offering a top-level view of the overall market performance. Tables include the following:
- Top gainers
- New high
- Overbought
- Top losers
- New low
- Oversold
- News
- Earning release
Finviz is best known for its screening tool. The tool allows users to filter stocks based on specific criteria, with the search providing users with control over how they search or scan for specific stocks. The flexibility allows users to make use of the tool regardless of their investing style.
This includes criteria such as price, beta, candlestick pattern, market cap, sector, target price, IPO date, relative volume, and current volume. The filters can be grouped into descriptive filters, such as market cap, industry, or volume; fundamental filters, such as P/E, Price/Cash, EPS, or quick ratio; and technical filters, such as twenty-day simple moving average, RSI, ATR, or pattern.
News is important to traders, as it can give insight into movements within the market and help explain the movement of a given stock. The page provides a list of the latest news sourced from news providers such as CNN, Bloomberg, MarketWatch.com, BBC, CNBC, and The New York Times and industry blogs, such as ZeroHedge.com, MarketRealist.com, and Mish Talk.
Finviz also offers heat maps, which are visualizations that give traders and investors a bird's-eye view of the sectors and stocks experiencing noteworthy price action. These heat maps have various filters, such as the type of market and metrics such as performance, volume, and dividend yield. These maps can also be used to gauge the overall health of the market and the top winners and losers of a given market.
The Groups feature provides users with another view of stocks by sector, market cap, or industry, which allows users to understand where an individual stock is in relation to how a group is performing and where those assets are positioned in relation to their peers in terms of performance and valuation.
Finviz's Portfolio feature allows users to insert which stocks or ETFs they buy and sell, the date of the transaction, and at what price, to give them a better overall view of their portfolio, including price movement and changes to every stock added.
The Finviz Insider Trading tab, which requires users to register with the platform (unlike other features), keeps track of all transactions made by executives and directors at publicly listed companies. This is intended to offer users a view into how executives perceive their own companies' stock, with sales or purchases interpreted often as either a negative or positive signal in the executive's sentiment regarding their own company.
The Futures feature provides heat maps for equity, commodities, and currencies futures, showing users an overview of the future market. This kind of map can help users visualize correlations between various futures contracts and check the performance of global markets, crude oil, commodities, and currencies.
The Forex feature is similar to the Futures feature, offering similar information except about relevant currency pairs and commodities rather than the futures market. This includes popular currency pairs such as EUR/USD, GBP/USD, USD/CAD, or CRUDE OIL and GOLD, among others, and shows users quotes, performance, and individual chart data.
Similar to the Futures and Forex features, the Crypto feature allows users to follow the price of popular cryptocurrencies against USD, EUR, and BTC. The cryptocurrencies listed are more limited than the Forex and Futures offered, as Finviz focuses on the cryptocurrencies considered of greater relevance to the wider market, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Ripple (XRP). Like the Forex and Futures features, this offers performance charts, quotes, and individual charts.
The platform's Backtesting feature is considered, by some, a standout feature, as few platforms have full backtesting. This allows users to test a technical trading strategy based on historical data to ensure the strategy would work on various stocks and under various market conditions. Finviz offers more than one hundred technical indicators and chart patterns for users to experiment on their historical market dataset. The data used by Finviz goes back to June 1996, representing a larger data pool than similar tools.