An execution trace of an application program comprises a sequence of ordered programming instructions generated during execution of the application program indicating an execution flow of the application program. The sequence of ordered programming instructions is partitioned into a plurality of linked code segments comprising first and second code segments. The first code segment comprises a terminating programming instruction that terminates the first code segment and links the first code segment to an initial programming instruction of the second code segment. A directed graph representing the execution flow of the application program between the plurality of linked code segments is generated. The directed graph comprises a plurality of linked nodes representing the plurality of linked code segments. The directed graph is output to a graphical user interface (GUI) for display.