Stellantis NV (NYSE:STLA) shares are dropping Monday. The automaker announced a recall of 955,000 vehicles worldwide over a software issue that can prevent rear-view cameras from working properly. Here’s what you should know.
- Stellantis stock is testing key support levels. What’s pressuring STLA?
Nearly 1 Million Stellantis Vehicles Recalled Over Camera Glitch
Stellantis disclosed Monday that a flaw in its radio software can interfere with rear-view camera performance, triggering a worldwide recall, according to Reuters.
In the U.S. alone, the action affects 848,000 vehicles across multiple 2026 and 2027 model years, including the Chrysler Pacifica, Pacifica Plug-in Hybrid and Voyager lineup, along with the Dodge Charger and several Jeep models. Stellantis is recalling another 107,000 vehicles across Canada, Mexico and other international markets.
The fix won’t require a trip to the dealership. Stellantis said owners will see a prompt appear on their vehicle’s media screen once the corrective over-the-air update is ready to install. The automaker said no crashes or injuries have been linked to the defect so far.
A defect like this carries added weight because rear-view cameras aren’t just a convenience feature anymore, they’re a legal requirement
STLA’s Chart Reflects a Stock Already Under Pressure
The recall lands on a stock whose chart was already sending a bearish signal well before Monday’s news. Stellantis shares are down 47% over the past 12 months and trade 37.2% below their 200-day moving average of $8.17, a gap wide enough that rallies tend to look more like counter-trend bounces than genuine reversals until proven otherwise. Shares also sit 13.3% below their 50-day average of $5.91 and 8.9% below their 20-day average of $5.63, underscoring that sellers have kept control of the stock’s intermediate trend.
Momentum indicators aren’t offering much support either. The MACD line sits below its signal line with a negative histogram, suggesting the stock’s last upswing is losing steam unless price can reclaim its key moving averages. The broader trend structure compounds that pressure: the 20-day average remains below the 50-day average, and a February death cross, when the 50-day average fell below the 200-day, remains a technical mark that traders continue to watch closely.
Stellantis’ most recent swing high came in May, followed by a swing low in July, leaving traders to watch whether the current bounce can carve out a higher low or gets pulled back into the broader downtrend. Overhead, resistance sits at $6, a level that lines up closely with the 50-day moving average zone where past rebounds have stalled.
STLA Shares Are Falling
STLA Price Action: Stellantis shares were down 4.48% at $5.12 at the time of publication on Monday. The stock is trading at a new 52-week low, according to Benzinga Pro.
Image: rikstock/Shutterstock.com
Login to comment